Self brands market share increased in mid and small cities

According to the China Automobile Industry Association latest statistics, in January 2007, self brands sales totaled 126,700 units, 16.95% more than previous month, accounted for 30.57% of total sales, and market share exceeded 30% for the first time. It is learned that mid and small cities market constituted the majority sales.

Relevant data showed that the total population of county region (excluding city districts) was 916 million, 70.88% of the nation's total population; the county region GDP reached 6.45 trillion yuan, 55.15% of national GDP; the GDP growth rate of county region was 14.28%, higher than the average national growth rate 11.55%. "Despite the fact of speedy economic development in mid and small cities, the total car number is far less than that of major cities, so mid and small cities market has a great potential." Industry experts predicted.