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Gasgoo.com (Shanghai) - Benefiting greatly from the popularity of SUVs, own brand manufacturers have seen their sales grow rapidly in the first quarter of 2016. According to statistics compiled by Gasgoo.com (Chinese), own brand passenger automobile sales grew 17.1%, compared to a market average of 8.9% growth. A total of 2.32 million own brand passenger automobiles were sold, resulting in own brands increasing their market share to 42.5%, up 3.0 percentage points from the previous year. By comparison, sales of passenger automobiles from foreign-affiliated joint ventures only increased 3.5% year-on-year.
Apr. 28 , 2016On April 26th, the biggest six Chinese auto makers, SAIC, Dongfeng Auto, FAW Group, Changan Group and BAIC announced their respective “13th-five” plan on 2016 China Auto Forum. Compared with the “12th-five” plan, half of them have lowered the sales targets.
Apr. 28 , 2016Alternative energy vehicles have played leading roles on the 2016 Beijing Auto Show. Both Chinese and foreign brought automakers their alternative energy vehicles to the show, attracting much attention.
Apr. 27 , 2016Gasgoo.com (Shanghai) - According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), SAIC Motor continues to be China’s largest passenger automobile manufacturer in terms of new car sales made over the first quarter of the year. Aside from SAIC leading the charts, Changan Automobile’s performance was also impressive, while both GAC Group and Brilliance Automobile posted high year-on-year sales growth rates.
Apr. 26 , 2016