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Summary: Sales of foreign brand passenger automobiles in May

Gasgoo.com (Shanghai) - Sales of foreign branded passenger automobiles fell again this May. According to statistics from Gasgoo.com (Chinese), a total of 1.52 million passenger automobiles were sold in China in May, down 4.1% from the previous year. Likewise, passenger automobile sales also decreased the previous month, when they fell 6.1%. These decreases were mainly due to the declining performance of foreign brand passenger automobiles. A total of 981,994 foreign brand passenger automobiles were sold during the course of the month, down 2.9% from the 1.01 million units sold last May. Foreign brands’ combined stake in the Chinese passenger automobile market was 64.5% for the month of May, down 4.7% from the 69.2% figure from a year ago.

Jun. 23 , 2015