Gasgoo.com (Shanghai) - August has been a relatively rough month for the passenger automobile market in China. The luxury segment was no exception; while sales growth was still strong, it has noticeably slowed down from previous months. Sales growth rates of both the big three of Audi, BMW and Mercedes-Benz and second-tier manufacturers have noticeably decreased from the previous months.
Oct. 18 , 2014Gasgoo.com (Shanghai) - China's luxury automobile market has managed to maintain strong sales growth in July. Sales growth rates of Audi, BMW and Mercedes-Benz vehicles remained in the double digits, while those of second-tier brands like Cadillac and Infiniti were even higher.
Sep. 29 , 2014Gasgoo.com (Shanghai) - Foreign branded automobiles are still continuing to hold the dominant position in the Chinese passenger automobile market. Their combined sales are around one million units every month and are continuing to grow. A total of 5.99 million foreign brand automobiles were sold over the first half of 2014. That figure represents year-on-year growth of 18 percent, which is higher than the 14.8 percent growth in the industry as a whole. Foreign brands accounted for 67.5 percent of all passenger automobiles sold in China in the first half of 2014, up 1.8 percent from the previous year.
Aug. 25 , 2014