Vehicle sales in China totaled 1,761,500 units in May, down 4.4% from a month earlier and up 9.8% from a year earlier, according to the China Association of Automobile Manufacturers.

The Chinese auto market will likely see stronger growth when it enters the traditional peak season in the third quarter of the year, DBS says in its latest China Auto Sector report. It estimates sales will reach 21 million units for 2013, up from 19.3 million last year.

Passenger Vehicle Sales by Type
1,396,900 passenger vehicles were sold in May, down 3.1% from a month earlier and up 9% from a year earlier; including
940,500 sedans, down 3.7% from a month earlier and up 5.3% from a year earlier
227,900 SUVs, down 0.03% from a month earlier and up 40.9% from a year earlier
84,600 MPVs, down 4.6% from a month earlier and up 110% from a year earlier

Passenger Vehicle Sales by Brand Origin
Chinese brands sold 550,800 PVs, 39.4% of total passenger vehicle sales
German brands sold 269,800 PVs, 19.3% of total passenger vehicle sales
Japanese brands sold 224,100 PVs, 16% of total passenger vehicle sales
American brands sold 172,500 PVs, 12.4% of total passenger vehicle sales
Korean brands sold 130,100 PVs, 9.3% of total passenger vehicle sales
French brands sold 46,300 PVs, 3.3% of total passenger vehicle sales

Sedan Sales by Brand Origin
Chinese brands sold 249,500 sedans, 26.5% of total sedan sales
German brands sold 230,800 sedans, 24.5% of total sedan sales
Japanese brands sold 172,200 sedans, 18.3% of total sedan sales
American brands sold 145,900 sedans, 15.5% of total sedan sales
Korean brands sold 97,200 sedans, 10.3% of total sedan sales
French brands sold 41,400 sedans, 4.4% of total sedan sales

Top 10 Sedan Makers by Sales Volume
Top 10 sedan makers by sales volume sold a combined 626,300 sedans in May, representing 66.6% of total sedan sales in China.
1. FAW Volkswagen: 110,300
2. Shanghai GM: 107,600
3. Shanghai Volkswagen: 97,300
4. Dongfeng Nissan: 63,900
5. Beijing Hyundai: 60,800
6. Dongfeng Peugeot Citroen: 41,400
7. Geely: 37,500
8. Changan Ford: 37,200
9. Dongfeng Kia: 36,400
10. FAW Toyota: 33,900

 

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
C-M-O-D-O AUTHENTIC SITE PayPal
@2014 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate