Category Archives: Sales

GM-China’s 2010 Sales Topped 1 Million

General Motors’ China branch announced on May 28 that it had sold 1 million vehicles so far this year, half-way to attaining the annual target of 2 million units. Last year it reached 1 million sales in mid August, and 1.83 million by the year-end. The event was celebrated on GM’s Shanghai campus. Kevin E […]

SUV Sales in China More than Doubled in the First Four Months

According to China Passenger Car Association, total new SUV sales increased nearly 118% in the first four months of 2010 from year-earlier level to reach 373,527 units. This compares to the 60.51% increase of total new vehicle sales in the same period this year. For years analysts have been talking about the huge growth potential […]

GAC Made Nearly $4,000 Per Vehicle Sold in the First Quarter

While Shanghai Automotive Industry Corporation (SAIC), among all Chinese auto manufacturers, sold most units and made most money in the first three months of 2010, it was Guangzhou Automobile Group Co. (GAC) that produced and sold most lucrative vehicles. On average, GAC earned a whopping sum of Yuan 25,676, or approximately US dollar 4,000, for […]

China’s April Auto Exports Stayed Low

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According to the China Association of Automobile Manufacturers, China exported 39,800 auto vehicles in April 2010. Although representing a 52% increase from the same period 2009, it clearly shows the powerlessness of the native automakers to compete on the global stage. The majority of the exported are commercial vehicles. Passenger cars, including sedans, SUVs and […]

F3 Shares Top Position with Elantra Yuedong in April Sedan Sales

April passenger vehicle sales in China dropped 12.18% from last month to 1,110,900 units, including 759,800 sedans and 104,000 SUVs. But compared with April 2009, 33.21% more passenger vehicles are sold. Total vehicle sales, including both the passenger and the commercial sectors, reached 1,555,200 in April, a 10.37% drop from March and a 34.37% increase […]

Domestic Brands Losing SUV Market

Facing fierce competition from foreign-owned, global brands, the home-grown Chinese auto industry, which is still coming of age, has shown surprising resilience. In the first three months of this year, native automakers held a near 50% share of China’s passenger vehicle market, selling 1.75 million units. However, this number looks less assuring if one considers […]

Best Sellers in March

Chinese auto sales continued to soar in March, reaching a new monthly high in history with a total of 1.735 mn vehicles sold. Passenger vehicle sales reached 1.265 mn, posting a staggering 63% increase from the year-earlier level. Sedan sales totaled 849,700; SUV sales 104,000. Here are the top 10 best-selling sedans and SUVs in […]