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Gasgoo.com (Shanghai) - While the SUV and minivan segments in China have experienced strong sales growth in May, the sedan segment has yet to recover. According to statistics from Gasgoo.com (Chinese), a total of 909,995 sedans were sold in the country during the month, 9.7% less than the amount sold last May. Although it performed better than the rest of the sedan market, the midsize car segment was berated by heavy competition and declining sales. Midsize sales for the country totaled 154,849 units, down 5.9% from last year.
Jul. 1 , 2015Gasgoo.com (Shanghai) - Following the Diaoyu Island incident a few years ago, sales of Japanese branded automobiles fell severely in China. Only recently have Japanese automobile sales begun to bounce back. According to statistics from Gasgoo.com (Chinese), a total of 289,900 Japanese branded automobiles were sold in May, representing positive year-on-year growth of 15.1%. Japanese brands currently control a 19.1% stake in the Chinese passenger automobiles market. While that figure is still far less than the over 20% rates recorded before the Diaoyu Island news, it is still a major improvement from the 17.2% rate from 2014. By comparison, sales of German, US and Korean brand automobiles all fell over 9%, with their respective market shares also decreasing.
Jun. 30 , 2015