Search Results for "sales"

Governmental subsidizes on purchase of alternative energy vehicles of BYD, one of leading automakers in China, may decrease by 50%.

Gasgoo.com (Shanghai) - 2014 and 2015 were important years for the Chinese automobile market and especially for domestic own brand manufacturers in particular. Own brands have been able to overcome difficulties in the sedan segments by shifting their focus towards the SUV and MPV segments, which in turn has allowed them to recover and compete with joint venture manufacturers for market share. Chinese own brands seemed to had finally come into their own stride with the explosion of popularity of Chinese SUV models.

Gasgoo.com (Shanghai) - With half of the year having already past, most Chinese automobile manufacturers have released their official sales figures for the first five months of the year. Changan Automobile ranked as the domestic own brand manufacturer with the largest number of automobile sales from the five-month period from January to May. It was followed by Great Wall Motor and BAIC Group, which rounded out the top three. These three manufacturers accounted for nearly half of all own brand automobile sales made by the top ten own brand manufacturers and have been a major factor in driving the own brand market as a whole closer towards being able to compete with joint venture manufacturers.