Articles Tagged with "GM"

Gasgoo.com (Shanghai) - With growth in the Chinese passenger automotive market as a whole slowing down, the luxury automotive market has also started to lag. Leading luxury brands Audi and BMW both were only able to post very slight positive sales growth rates over the first half of the year, while growth rates for second-tier brands varied heavily, with Jaguar Land Rover, Lexus and Volvo all suffering declines in sales.

Gasgoo.com (Shanghai) - Small SUVs undoubtedly comprise the fastest growing segment in the Chinese passenger automotive market, due to the continued introduction of new models and sustained rapid sales growth. The segment has been attributed with driving growth for the market as a whole. According to statistics from Gasgoo.com (Chinese), the small SUV market grew 168.9% over the first half of the year. A total of 812,100 small SUVs were sold from January to June of this year, compared to 302,100 units sold over the first half of last year. The small SUV segment’s stake in the overall SUV market increased 13.5 percentage points.