The overall market of Chinese-made automobiles took a hit last month as demand dropped drastically for Japanese-brand vehicles. Report released today by China Association of Automobile Manufacturers (CAAM) shows that automakers in China sold 1,617,400 vehicles in September, 1.75% less than the same period a year ago. In a rare case, both the passenger and commercial vehicle markets shrank, at a rate of 0.3% and 7.59% respectively. For the first nine months, auto sales increased 3.37% on year to 14,092,300.
Data from China Passenger Car Association (CPCA) confirmed the decline in sales of sedans, MPVs, microvans, and SUVs. Deliveries of passenger cars fell 0.3% to 1,315,600 in September, while rose 6.94% to 11,269,600 in the first nine months.
|Deliveries||Growth from a year earlier|
Passenger Car Sales in September (CPCA)
Below are the sales of the ten largest passenger car makers in September (according to CAAM):
1. Shanghai-GM: 124,700
2. FAW-Volkswagen: 117,200
3. Shanghai-Volkswagen: 113,100
4 SGMW (SAIC-GM-Wuling): 109,400
5. Beijing-Hyundai: 84,200
6. Chongqing Changan: 51,300
7. Chery: 47,900
8. Changan-Ford: 47,300
9. Great Wall: 46,800
10. Geely: 44,600