Search Results for "sales"

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.

Alternative energy vehicles now also face sales trouble. According to data published by China Association of Automobile Manufacturers (CAAM), alternative energy vehicles have a sales volume of 170,000 units in the first half of year across the nation, increasing 126.9%. Despite of the high growth, the sales volume has great distance with the annual 700,000 units’ target.