Supported by LETV “ecologization” tactics, Yongche witnesses share reversion in a short time.
May 4 , 2016Gasgoo.com (Shanghai) - Sedan sales in China fell 9.5% during the first quarter of this year, statistics from Gasgoo.com (Chinese) show. That rate is a lot less favorable than the 8.9% growth the market as a whole has been able to achieve over the same time period. At the same time, sedans’ market share also fell 10.5 percentage points to just 51.5%.
May 3 , 2016Gasgoo released a list of the Top Ten foreign automakers based on their sales in China in the first quarter of 2016. GM beat VW by reaping the largest sales. Ford won all Japanese automakers. Only Hyundai Kia and Peugeot Citroen suffered yearly decline among these ten automakers.
Apr. 29 , 2016Gasgoo.com (Shanghai) - Benefiting greatly from the popularity of SUVs, own brand manufacturers have seen their sales grow rapidly in the first quarter of 2016. According to statistics compiled by Gasgoo.com (Chinese), own brand passenger automobile sales grew 17.1%, compared to a market average of 8.9% growth. A total of 2.32 million own brand passenger automobiles were sold, resulting in own brands increasing their market share to 42.5%, up 3.0 percentage points from the previous year. By comparison, sales of passenger automobiles from foreign-affiliated joint ventures only increased 3.5% year-on-year.
Apr. 28 , 2016