Domestic brand MPV & SUV sales exceed passenger car in China

Gasgoo.com (Shanghai, June 2) - According to Gasgoo.com statistics, sales of China owned brands’ automobile have increased 7.6% only from Jan to April this year. Accumulated sales are 1.98 million cars, which growth is lower than industry average. Market share reduces as well. Sale of passenger car has dropped the most, which has reduce from 1.13 million cars to 964 thousand cars, which has reduced 14.5% and lag the entire growth of the industry.

However, sales of China owned SUV and MPV have increased fast. Particularly MPV, sales of MPV in the first 4 months has increased 56.3% over sales of last year. Sales rises from 349 thousands to 546 thousand, which has exceeded sales of SUV and becomes the most important booster for China owned brands sales.

Sale of China owned SUV has realized 473 thousands, which is about 29.3% growth over last year. Sales of the 2 types of car take about 51.4% of the entire sales. It is the first time the percentage exceeds passenger car does.

As for MPV segment, China owned brands have taken the majority of market share already, and it is expected increase in the future. From Jan to April this year, China owned brands take 86.3% market share in MPV segment, which is far more than 1.2% growth of foreign brands do.

Wuling- Hongguang leads the segment. Sales of the brand in the first 4 months this year mount to 67.7% growth over last year. Sales rises from 161 thousand to 270 thousand, which takes as high as 42.7% market share of MPV. It increases 3.5% over last year. Besides, China owned Dongfeng- Fengguang, Beijing- Weiwang M20 and Changan- Ouliwei market launching have pushed sales of China owned MPV growth as well. Beisdes, Ouliwei, Lingzhi and Jingyi have realized more than 20% growth in the first 4 months this year as well.

As for SUV market, hot sales of Changan CS35, Benteng X80 and Chery Tiggo 5 bring sales increase for the entire segment. Besides, Harvard H6 has contributed sales of SUV segment as well. Its sale have increase over 60% over last year, which has increased from 59 thousand sales to 94 thousands sales. It has leaded the entire segment.

From Jan to April this year, the top 10 sales among all China owned brands are: Harvard H6, Great Wall M4, BYD S6, Changan CS35, Benteng X80, Chery Tiggo 5, GAC GS5, Emgrand GX7, Harvard H5 and Lifan X60.