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China's major car makers unveil 2008 sales target
Shanghai. March 3 (Gasgoo.com) – China's automobile sales will remain a doubt digital growth this year and the sales sedans will grow at a faster pace than the average growth rate of both China’s auto industry and passenger vehicle sector, automobile industry analysts have said.
Twenty Chinese automakers have recently unveiled their sales target for 2008, according to the Beijing-based Chinese newspaper China Automotive News.
|
Automaker
|
2008 sales target
|
y/y change
|
Notes
|
|
Shanghai GM
|
600,000
|
20%
|
Shanghai GM hopes to maintain its No. I position in passenger vehicle sector.
|
|
FAW-VW
|
600,000
|
21%
|
Volkswagen 500,000;
Audi 100,000
|
|
Shanghai-VW
|
590,000
|
29%
|
Skoda will lead the growth
|
|
FAW-Toyota
|
400,000
|
42.25%
|
Corolla and new Vios will lead the growth
|
|
Dongfeng PSA
|
280,000
|
30%
|
150,000 Citroen vehicles
130,000 Peugeot vehicles
|
|
Guangzhou Toyota
|
210,000
|
23.31%
|
175,000 Camry vehicles
35,000 Yaris vehicles
|
|
Beijing Hyundai
|
380,000
|
64%
|
HDC will contribute to the growth
|
|
Guangzhou Honda
|
340,000
|
15.25%
|
178,000 new Accord vehicles
42,000 Odyssey vehicles
60,000 City vehicles and 60,000 Fit vehicles
|
|
Dongfeng Nissan
|
330,000
|
21.37%
|
100,000 Tiida vehicles
40,000 Teana vehicles
80,000 Sylph vehicles
50,000 Livana vehicles
10,000 Genes vehicles
50,000 new Qashqai
|
|
Dongfeng Honda
|
150,000
|
18.11%
|
Dongfeng Honda is hampered by limited capacity; second Wuhan plant will expand capacity
|
|
Changan Ford
|
310,000
|
42%
|
60,000 Mondeo Zhisheng
112,000 Focus
10,000 S-MAX
110,000 Mazda 2 and Mazda 3
9,000 Volvo S40
|
|
SAIC-GM-Wuling
|
620,000
|
12.7%
|
The automaker hopes to consolidate its top mini-vehicle maker position.
|
|
Brilliance Auto
|
330,000
|
10%
|
Brilliance Auto lowers its target and plans to introduce four new models this year
|
|
Hafei Group
|
216,000
|
29%
|
60,000 sedans;
156,000 mini-vehicles;
Hafei plans to introduce five new models.
|
|
BYD
|
200,000
|
100%
|
150,000 F3 (mid-segment sedan)
25,000 F6 (high, mid-seg sedan)
5,000 F8 (convertible)
20,000 F1 (subcompact sedan)
|
|
FAW-Haima
|
180,000
|
38.46%
|
Haima plans to introduce two mid segment sedans, including Haima 3 powered by CVT engine
|
|
Changan Group
|
450,000
|
20%
|
Changan hopes to further promote Changan Start II and introduce to mini-vehicles, CM9 and CM10.
|
|
Chery
|
480,000
|
25.85%
|
Chery hopes to export 180,000 vehicles and sell 300,000 vehicles in domestic market. The automaker also plans to introduce three new models.
|
|
Great Wall
|
200,000
|
60%
|
100,000 pickup trucks and SUVs
100,000 MPVs and sedans
|
|
Geely
|
260,000
|
18%
|
Geely hopes to walk out of slump sales last year.
|
Source: China Automotive News
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