Chinese Vehicles Market in May reported the second lost in a row with sales down 3% under the effect of tax hike for over 1.6 L displacements. Honda boomed sales 25 percent taking the 4th place while Geely advanced in 7th with sales up 82%.
Best Selling Cars Models in China in the first five months of the 2017 led by the Chinese Wuling Hongguang with a narrow gap over the Volkswagen Lavida and the Haval H6. Since the start of the year had been launched 24 new vehicles.
China Automotive industry outlook for 2017 is positive again due to the tax cut on low displacement engines extended while with a reduced benefit. CAAM project sales up 5% while we are a bit more optimistic.
China Vehicles Market in May kept momentum by a great performance. Changan was second abolishing the gap with Wuling. The former leader Haval H6 was out from the podium replaced by the Wuling Hongguang.
China Vehicles Sales hit the brakes in February due to dealers reluctance to stock while next months forecast are uncertain. Launching the new 560, Baojun improved sales by 210% advancing in sixth place, the best ever.
China Vehicles Sales in January up 7% pushed by dealers de-stocking process. Chinese new brands are fast growing with Baojun doubling volume and Beijing and JAC very fast. Hyundai, Kia and Chevrolet disappointing.
China Auto Sales in December hit the highest month ever booming 17% and ending a great Q4 pushed up by 50% small engine displacement tax cut. Honda was second and Nissan jumped in third, the best place ever.
China New Vehicles Market fall blocked in September by new incentives urgently introduced by the Chinese government in favor of low emission-low displacement vehicles. Volkswagen down for the 7th month in a row.
China Vehicle Sales Statistics. Following 28 month of continue grow June was negative for a little 0.8 percent ending a first half with a marginal growth for the largest global automotive market. The market leader Volkswagen is in troubles.