Chinese Auto Market recorded the sixth consecutive double-digit drop in April with 1.855.118 units (-15.6%). Brand leader Volkswagen leads with 12% of market share, followed by Honda in second place overtaking Toyota. Impressive performance signed by BMW with +23.5%.
Chinese Auto Market fell down in 2018 first time since the ’90s. The market fell during the second half, despite tax reduction ending the year at 27.5 million units. Volkswagen led the market with over double sales than Honda, while Geely (+10%) advanced in third place.
Chinese Vehicles Market in the 2017 gained only 0.8% penalized by fall in the commercial vehicles demand and by restrictions on high engines displacement. Honda grew up in second place, while Geely boomed 60% landing in fourth place.
China Autos Industry boomed in July fueled by tax cut. Although market volume soared, the dealer inventory was the lowest in years and a robust order bank has been created by dealers.
China Autos kept momentum in First Half 2016 with June up in double-digit. Volkswagen was the solid leader while Buick improved significantly. Baojun 560 was the best new model of the year.
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 Market in April led for the first time by a SUV, thanks to the Great Wall Haval H6 jumped on top with a wonderful +43%. The market is moderately growing albeit economy is slowing down.
China Vehicles Sales in March up in double-digit pushed by Volkswagen recovery. Involved in a mitigated economic environment the automotive sector reported an encouraging first quarter 2016 +6.5%.
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.
Chinese Car Sales reacted at government stimulus with a +12% and reducing the dealer inventory at best index since January. Volkswagen was finally up. Mercedes boomed sales +63% and Buick 37%.
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.
Will the Chinese Passenger Vehicle market continue to slow down? In July the largest market in the world reported the second lost in a row, as never before during the last 15 years .
China Light Vehicle Sales up 6% in Q1 2015 fueled by roaring local makers, with Great Wal doubling volume taking the 5th place and Wuling and ChangAn on the podium, behind a struggling Volkswagen.