Summary: Sales completion rates for automobile enterprises in China from January to November

Gasgoo.com (Shanghai) - A total of 16.48 million automobiles were sold over the first 11 months of 2014. That figure represents year-on-year growth of 12.5 percent. A good number of enterprises in the Chinese automobile market are on track to complete their sales targets for the year, with some of them even having completed their sales targets in advance.

Both Changan and Shanghai VW have already completed their sales goals by November.

Changan Automobile’s sales of 659,100 units represented year-on-year growth of 43 percent. The Eado and Honor were both immensely successful, with their respective sales totaling 144,600 units and 131,600 units, respectively.

Meanwhile, Shanghai VW sold 1.61 million units from January to November. Both the Lavida, Santana, Tiguan and Passat all performed very strongly, with their average monthly sales volume exceeding the 200,000 units mark. The Lavida in particular performed especially strongly, with a total of 352,500 units sold over the first 11 months of the year.

FAW-VW, Shanghai GM, Dongfeng Liuzhou, Brilliance BMW, Changan Ford, Changan Mazda, Dongfeng Peugeot Citroën, Beijing Hyundai and SAIC-GM-Wuling all managed to complete over 90 percent of their sales targets, meaning that they are within sight of completing their 2014 sales targets. FAW-VW sold a total of 1.64 million units, 34,600 units greater than Shanghai VW and over 96 percent of its sales target. The Sagitar, Jetta, New Bora and Golf A6 all posted strong sales results, with sales of the Golf A6 doubling from the previous year.Although Dongfeng Yueda Kia, FAW Car and Guangqi Toyota’s completion rates for their sales goals are under 90 percent, they are still above the 84 percent mark.

Several Japanese manufacturers and own brands were on the other end of the spectrum, with completion rates of 80 percent or less. Jianghuai Automobile, Dongfeng Nissan, FAW Toyota, Dongfeng Honda, BYD, Guangqi Honda, Great Wall, Lifan Motors and SAIC are in danger of not fulfilling their sales goals for the year.