Search Results for "Chinese"
Gasgoo.com (Shanghai) - The small sedan segment in China continues to go through a rough patch, as recent sales figure show. According to statistics from Gasgoo.com (Chinese), a total of 135,633 small sedans were sold in China in the month of May. That figure is 17.2% less than the amount sold last May. At the same time, the total proportion of sales in the Chinese automotive market that were of small sedans also fell, decreasing from 16.3% last May to 14.9% this May.
Jul. 12 , 2015Gasgoo.com (Shanghai) - While the Chinese SUV market has been able to sustain high levels of growth, the performance of the sedan market has been lagging behind. This trend is especially evident in the subcompact segment.
Jul. 8 , 2015Gasgoo.com (Shanghai) - Following the Diaoyu Island incident a few years ago, sales of Japanese branded automobiles fell severely in China. Only recently have Japanese automobile sales begun to bounce back. According to statistics from Gasgoo.com (Chinese), a total of 289,900 Japanese branded automobiles were sold in May, representing positive year-on-year growth of 15.1%. Japanese brands currently control a 19.1% stake in the Chinese passenger automobiles market. While that figure is still far less than the over 20% rates recorded before the Diaoyu Island news, it is still a major improvement from the 17.2% rate from 2014. By comparison, sales of German, US and Korean brand automobiles all fell over 9%, with their respective market shares also decreasing.
Jun. 30 , 2015