Articles Tagged with "SUV"

Gasgoo.com (Shanghai) - With the introduction of effective economic stimulus policies and the traditional buying craze in the lead up to Chinese New Year, the Chinese passenger automotive market ushered in a resurgence in November. According to Gasgoo.com (Chinese) statistics, a total of 2.11 million automobiles were sold in the country over the course of the month, representing year-on-year growth of 24.6% compared to the 1.69 million automobiles sold last November. Both the monthly sales volume and year-on-year sales growth rate were record highs for the year. A total of 17.81 million automobiles have been sold in China from January to November, representing year-on-year growth of 8.2%.

Gasgoo.com (Shanghai) - Following the implementation of new tax policies, Chinese passenger automobile sales have achieved notable year-on-year sales growth of 15.4% in October. This growth is in large part due to the performance of the SUV segment, which grew over 60%. According to Gasgoo.com (Chinese) statistics, 631,295 SUVs were sold in the month of October, up 63.2% from the previous year. Over 4.79 million SUVs have been sold in the country from January to October, representing year-on-year growth of 50.4%. By comparison, minivan sales only grew 7% over the same time period, while sedan sales actually fell 0.4%.