China sells 286,804 SUVs in Jan-May, up 58.8% y/y

Shanghai, July 8 (Gasgoo.com) China sold 286,804 SUVs from January to May this year, up 58.8% from the same period of last year, sources from China Passenger Car Association said yesterday.

The total sales of SUVs built in China were 199,812 units, up 47.8% from a year earlier, while sales of imported SUVs rose a remarkable 91.3% year on year to 86,994 units.

Japan is the largest contributor to the sales volume of imported SUVs, with 39,195 units sold in China, followed by South Korea and the U.S..

March was a record month as sales of imported SUV sales rose 104% to 21,510 units and domestically built SUVs rose 61% to 47,769 units. The overall sales of SUV slided afterward due to natural disasters, such as the Sichuan earthquake and southern provinces' flooding.