Chinese cars now on par with the best western and Japanese cars

[Dante80]

Sorry Objectively speaking, your info is not correct.

Chinese people themselves prefer Chinese Brand Cars.
Let's look at the latest data (December 2018) Passenger Vehicle sales by brand origin in China.

More than 41-42% Chinese people choose and buy Chinese Brand Cars, meanwhile only 17-19% buy japs cars, and 18-20% buy germany cars. American car is much lower than the others only get 10% this year.
Other european brand cars, like french and others is a big Loser in China's market. Only get a mere 1%.

http://autonews.gasgoo.com/

I really don't understand your assertion friend. In my post I wrote - verbatim - that many Chinese people prefer foreign cars instead of Chinese cars. Then, you come up with a chart that shows exactly that (the majority of people in the Chinese car market buy non Chinese cars).

Where exactly was I wrong? And how would my info be incorrect, objectively speaking (sic)?

 

[Daniel808]

I really don't understand your assertion friend. In my post I wrote - verbatim - that many Chinese people prefer foreign cars instead of Chinese cars. Then, you come up with a chart that shows exactly that (the majority of people in the Chinese car market buy non Chinese cars).

Where exactly was I wrong? And how would my info be incorrect, objectively speaking (sic)?

You cannot judge by that, all over the world versus China alone in the biggest car market in the world.

You need to learn more about economic and market law.
You need to judge by their origin, so you can know exactly which brand car origin that Chinese people prefer.

And according to their data market, they prefer Chinese brand cars mostly.
meanwhile japs, or germany cars only get a fraction of their market.

 

[Dante80]

You cannot judge by that, all over the world versus China alone in the biggest car market in the world.

You need to learn more about economic and market law.
You need to judge by their origin, so you can know exactly which brand car origin that Chinese people prefer.

And according to their data market, they prefer Chinese brand cars mostly.
meanwhile japs, or germany cars only get a fraction of their market.

Thank you for the insight.

 

[beijingwalker]

Nope. Not even close.
Most Chinese cars are rough and ready. Our car industries have made great progression but not enough.

Numbers don't lie, first capture the world biggest car market, the Chinese market, it's already achieved, then expand elsewhere.

Trains, ships, cars and airplanes, one thing at a time, we are not in a hurry. Barely a decade ago China was unheared of when it comes to high speed trains and smartphones, a decade later now we are the world leaders in those fields, changes always happen much sooner than you can imagine, especially in a fast changing time in today's world.

 

[Kyle Sun]

Numbers don't lie, first capture the world biggest car market, the Chinese market, it's already achieved, then expand elsewhere.

Trains, ships, cars and airplanes, one thing at a time, we are not in a hurry. Barely a decade ago China was unheared of when it comes to high speed trains and smartphones, a decade later now we are the world leaders in those fields, changes always happen much sooner than you can imagine, especially in a fast changing time in today's world.

China was once the biggest bicycle country but that didn't bring us a strong bicycle industry.

 

[Genesis]

China once coppied BMW but failed miserably in crash test while Indian less than 2000 USD car Nano passed it easily. Now Tata Naxon has 5 star safety rating. Most ofIndian cars have 4 star safety rating now.

This would apply if that was not some random dude that did it and was the only car brand in the world.

We just had that conversation about Chinese nuclear subs, and you specifically nit picked the crap out of that conversation and now you come in with this, come on man.

Hold yourself to the same standard you hold others to.


These stars don't mean much both India and China has some so what.
http://www.howsafeisyourcar.com.au/News/2017/Five-stars-continue-for-Chinese-marques/

 

[Daniel808]

Thank you for the insight.

Your welcome sir, with all my respect.

If Chinese car market look same like indian car market. Yes, I will have same opinion like you

Indian brand cars only get a tiny fraction of their own market, only 12% of their people prefer their own brand cars

Indian auto sales

Numbers don't lie, first capture the world biggest car market, the Chinese market, it's already achieved, then expand elsewhere.

Trains, ships, cars and airplanes, one thing at a time, we are not in a hurry.

Chinese Brand cars doing very good in EV (Electric Green Vehicle) segment

 

[GS Zhou]

Well, objectively speaking Chinese cars (with some exceptions like the BYD electrics for example) are not as good as european or Japanese cars. Which really is one of the main reason many Chinese people themselves prefer foreign cars.

Chinese car makers though have come a long way. And they are also moving forward pretty fast. The delta in quality between a chinese entry level sedan produced 10 years ago and one produced now is enormous! And also indicative of the future.

Chinese brands cars today owns about 40% of the domestic Chinese market. The rest 60% is shared by German, Japanese, American, Korean, and French car brands. From the market share number, we can say:
- Chinese car customers prefer none-Chinese brands cars over Chinese brands cars. Considering Chinese brands share is less than half today, this is a fair comment.
- However, we can also say that Chinese car customers prefer Chinese brands cars over German brands, over Japanese brands, over American brands, over Korean brands, and over French brands. Considering Chinese brands share is bigger than any of the mentioned foreign car brands alone, this is also a fair comment.

Actually, what you raised is a very interesting question, but may be easily ignored. That is, how many countries on the earth has the privilege that its domestic car brands owns larger than 50% of its domestic car market.

I could only think of four countries meet the criteria: Germany, Japan, France, and South Korea. All are the "superpowers" in the automobile industry. Please let me know if you think any other countries are missing.

As said, the share of Chinese brands in China today is around 40%. But in just six or seven years ago, the share was just around 25%. The market share expansion from 25% to 40% in a short period of time, this is a remarkable progress, especially if we consider the overall Chinese market grows from 12 million units sales in a year, to 24 million units sales. Considering this, I will not feel surprises that the Chinese brands continue to expand the market share and achieve the 50% threshold in a meaningful time.

 

[Dante80]

As said, the share of Chinese brands in China today is around 40%. But in just six or seven years ago, the share was just around 25%. The market share expansion from 25% to 40% in a short period of time, this is a remarkable progress, especially if we consider the overall Chinese market grows from 12 million units sales in a year, to 24 million units sales. Considering this, I will not feel surprises that the Chinese brands continue to expand the market share and achieve the 50% threshold in a meaningful time.

This is a pretty fair assesment. As I said in my post, things are changing rapidly, and trends like these are indicative of the future.

 

[Skull and Bones]

But would I buy a Geely over Jaguar?

 

[GS Zhou]

But would I buy a Geely over Jaguar?

you can buy a new Jaguar at USD 14k???

Such choice always depends on your pocket size. If you have a deep pocket, Jaguar is the choice, or even better ones like Porsche.

 

[Skull and Bones]

you can buy a new Jaguar at USD 14k???

Used ones, yes.

 

[GS Zhou]

Used ones, yes.

Every one has his/her own choice. I'm not sure about the mileage/age of a USD14k 2nd hand Jaguar. What I can only say is I personally will not consider the 2nd hand Jaguar with long mileage/age.

 

[rott]

Used ones, yes.

I'd prefer a virgin over anything used.

 

[GS Zhou]

This is a pretty fair assesment. As I said in my post, things are changing rapidly, and trends like these are indicative of the future.

Yes, things are changing very rapidly in the China automobile market. Sometimes even I myself did not expect the Chinese car OEMs could improve that fast.

Car customers are always at the best position to make comments on the cars they bought. Below is a very interesting customer voice assessment done by Autohome.

Quick background: Autohome is the largest online car information forum in China. Many car customers are making posts there regarding performance/quality of the cars they bought. They may make positive comments on their cars (e.g. my car has a powerful engine, or a big cabin space), or negative comments (e.g. my car has a big noise, or high fuel consumption). Autohome collected these online posts and designed an indicator called as: Net Satisfaction Rate, which is defined as (# of positive comments - # of negative comments) / (# of positive comments + # of negative comments). I.e. if a car brand has 100 comments associated to it in total, 60 are positive ones, 40 are negative ones, then its Net Satisfaction Rate is 20%.

Below is the Net Satisfaction Rate result, shown by the brands country groups. I added the translation to it.

The Chinese brands cars owners has the highest satisfaction rate vs. all the rest peer groups. And this explains why the market share of the locals could expand that fast.