Chinese own brand automobile sales unable to keep up with JV vehicle sales

Gasgoo.com (Shanghai July 10) - Sales of joint venture vehicles still exceed those of domestic own brand automobiles in China. According to recent statistics from Gasgoo.com (Chinese), a total of 246,900 own brand sedans were sold in May. The figure represents year-on-year growth of 5.6 percent, on par with the market average. 1.37 million own brand sedans were sold from January to May, up 14 percent from the first five months of 2012.

Geely was the top-selling own brand sedan manufacturer in May, followed by BYD, Changan, Chery, SAIC, Great Wall, Brilliance, Tianjin FAW, SAIC-GM-Wuling's Baojun line, Dongfeng Nissan's Venucia line, Lifan and Soueast. Geely sold a total of 206,300 sedans from January to May, making it the only own brand manufacturer to sell over 200,000 units over the five month period.