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80% Chinese buyers unwilling to buy small displacement cars, survey finds
Shanghai. January 28 (Gasgoo.com) - A recent survey conducted by Sinotrust found that more than 80% of Chinese car buyers choose to buy vehicles with engine displacement between 1.3L and 2.0L; only less than 20 percent opt for vehicles with displacement of 1.3L or smaller.
Sinotrust, a supplier of marketing solutions and credit solutions in China, surveyed 15,000 car consumers on small displacement vehicles.
"The small displacement vehicles are usually poor in driving experience, comfort, and safety compared to larger vehicles. Therefore I would rather spend more money on a larger vehicle, such as Polo, Fit or Peugeot 206," a car owner told Sinotrust.
Most small-displacement cars, including Chery QQ, FAW Xiali and Changan Benben, cannot meet Euro III emission standard yet and will be banned in major cities like Beijing and Shanghai.
Last year China's low-small segment vehicles sold 765,977 units, down 7.2 percent year on year, mainly due to the sluggish sales of key models, like Chery QQ(11,019 units, down 34.1 pct) and ChangAn Benben(1,973 units, down 43 pct).
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