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At the 2016 Beijing Auto Show, most joint venture brands has focused on breakthroughs of middle and high end products, and the segment of mainstream SUVs still needs further development. With more and more JV brands introducing their mainstream 2017 SUV models, the competition in this segment is warming up.
May 16 , 2016Chana Auto Group released April’s production and sales volume on May, 5th. Last month, Chana Auto sells 223,590 units, decreasing 1.61%. Data shows that self-owned brands have a rising volume while joint-venture brands are suffering decreases.
May 10 , 2016Sales of Great Wall Motor in China were 79,607, a yearly rise of 1.7%, in April. However, growth in April got smaller compared with that in March.
May 10 , 2016Gasgoo.com (Shanghai) - According to statistics from Gasgoo.com (Chinese), a total of 5.45 million passenger automobiles were sold in China over the first quarter of the year. The figure represents stable year-on-year growth of 8.9%. However, foreign brand passenger automobiles have failed to meet the market level of growth; only 3.14 million foreign brand passenger automobiles have been sold in the first quarter of the year, representing year-on-year growth of 3.5%. Own brands’ market share has fallen from 60.5% in the first quarter of last year to 57.5% this year.
May 3 , 2016It’s known by the reporter of National Business Daily, Chinese self-owned carmakers, including BYD, JAC, BAIC and ZOTYE AUTO, have all debut their new models at the 2016 Beijing Auto Show. The number of alternative energy vehicles has totaled 147 models at the show, which reflected that carmakers hadn’t slowed down their efforts towards alternative energy vehicles despite that Chinese government’s subsidy for these models has been decreasing.
May 3 , 2016Gasgoo released a list of the Top Ten foreign automakers based on their sales in China in the first quarter of 2016. GM beat VW by reaping the largest sales. Ford won all Japanese automakers. Only Hyundai Kia and Peugeot Citroen suffered yearly decline among these ten automakers.
Apr. 29 , 2016