China Automobile Sector reaches 28 million units sales in 2016, or 14% higher than 2015

[Daniel808]

https://www.marklines.com/cn/statistics/flash_sales/salesfig_china_2016

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Share of local brands: 43.19%
Japanese brands: 15.55%
Germany brands: 18.50%
American brands: 12.16%

"Chinese trust Chinese products"

BTW, did the super power India add more cars than China as predicted? If I remember correctly, the car sales of India were 3.6 million in 2016 right?

China is the country on 4x vehicle wheels

last month 01.25 Mr Leio and family members drived from GuangDong to HaiNan island, at the ship ferry of GuangDong side(徐闻) our car waiting from 6:30 pm to next-day 10:00 am go on board and 12:00 pm reached HaiNan island ... i see thousand Chinese family cars in there waiting for ferryship coming, and total three ferries port between GuangDong and HaiNan, all r 24x hours running at full capacity ! My real personal experience, right now im still in HaiNan island, later fly to ShenZhen.


After Chinese Spring Festival, Chinese traffic jams on the highway from HuNan to GuangDong
春节过后，京港澳高速郴州段南下广东的车流，真叫个壮观
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I don't know, Chinese Brand Cars have huge Success last year in China's Domestic market and Overseas Market.

Iniside China with more than 28 Million market, Chinese Brand cars have market share for 43.19%.

That's mean Chinese Cars Manufacturer sell almost 14 Million Cars inside China alone. that's very huge ! Crazy
Congratulation for Chinese Car Brands

 

[Hamartia Antidote]

http://focus2move.com/best-selling-cars-models-in-china/

1) Volkswagen Lavida (base price $14,900)

View attachment 368347
2) Wuling Hongguang (GM) (??)

View attachment 368348
3) Haval H6 (base price $12,900)

4) Buick Excelle GT (starting $16,000)

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5) Hyundai Elantra (starting $14,500)

6) Volkswagen Jetta (starting $12,000)
7) Toyota Corolla (starting $19,500)
8) Nissan Sylphy (aka Pulsar/Sentra)
9) GAC Trumpchi GS4
10) Baojun 560

Volkswagen Lavida (China specific model, somewhere between a Jetta and a Passat)

2) Wuling Hongguang (GM) (??)

3) Haval H6 (base price $12,900)

4) Buick Excelle GT (starting $16,000, don't think it is sold in the US)

5) Hyundai Elantra (starting $14,500, sold worldwide)

 

[cnleio]

2) Wuling Hongguang (GM) (??)

Wuling Hongguang MPV produced from SGMW, the brand not belong to GM ! 上汽、通用、五菱三方合资的。上汽集团占股份50.1%，通用汽车占股份34%，五菱汽车占股份15.9%. In the SGMW, GM only seize 34% share and rest belong to Chinese.

SGMW web

 

[Hamartia Antidote]

Wuling Hongguang MPV produced from SGMW, the brand not belong to GM ! 上汽、通用、五菱三方合资的。上汽集团占股份50.1%，通用汽车占股份34%，五菱汽车占股份15.9%. In the SGMW, GM only seize 34% share and rest belong to Chinese.

SGMW web
View attachment 374432
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Obviously nobody thinks GM owns 100% of a Chinese car company. That isn't how China operates. As you said the vehicle is made by SGMW which is a joint venture between SAIC, GM, and Wuling. I put GM to show it wasn't just all Wuling.

https://en.m.wikipedia.org/wiki/Wuling_Hong_Guang

 

[AndrewJin]

So Trump is gonna kill all those americano car brands now?

Trump's islamophobic xenophobic misogynic supporters probably never know a trade war hurt their own companies even more.

 

[GS Zhou]

The automobile sector in China continues its strong momentum in January 2017.

According to CAAM (China Association of Automobile Manufacturers), the automobile sales of China in January (passenger vehicles + commercial vehicles) achieves a 0.2% yoy growth.

0.2% is a very minor growth, especially if we compare it with the 14% yoy growth rate of 2016. However, the Chinese New Year 2017 started in Jan. 27th, but the new year of 2016 started in Feb. 7th, which means the January of 2017 is five business days shorter (automobile plants are closed, dealerships stores also closed) than Jan. 2016. Theoretically, this means a 16% decline (5/31=0.16) in automobile sales, but the actual result turns to be a positive 0.2%, indeed a very nice start!!

 

[AndrewJin]

The automobile sector in China continues its strong momentum in January 2017.

According to CAAM (China Association of Automobile Manufacturers), the automobile sales of China in January (passenger vehicles + commercial vehicles) achieves a 0.2% yoy growth.
View attachment 376989

0.2% is a very minor growth, especially if we compare it with the 14% yoy growth rate of 2016. However, the Chinese New Year 2017 started in Jan. 27th, but the new year of 2016 started in Feb. 7th, which means the January of 2017 is five business days shorter (automobile plants are closed, dealerships stores also closed) than Jan. 2016. Theoretically, this means a 16% decline (5/31=0.16) in automobile sales, but the actual result turns to be a positive 0.2%, indeed a very nice start!!

Quite good number for the spring festival month.