Interview & Commentary
Analysis: Predictions for Chinese automobile market in Q4
Gasgoo.com (Shanghai) - Excessively rapid growth in the Chinese automobile market came to a halt in 2011, with final sales growth rates in the single digits. Coming in 2012, many expected the market to recover again, but ultimately, sales growth continued to decline, reaching its lowest point in July. Despite a recovery in the following month, when year-on-year sales growth reached 8.26 percent, growth rates slowed down again in September. However, worth pointing out is that sales growth of domestic own brands reached a record high in September, while sales of Japanese vehicles dropped disastrously. How will these trends factor into the market's fourth quarter performance? How will the last three months of the year play out?
Oct. 30 , 2012




