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Year-to-Date Auto Sales in China Up 40% From 2005

Xinhua. About 3.41 million cars were sold in China between January and November 2006, an increase of 40% year-on-year, according to figures from the China Association of Automobile Manufacturers.

The top ten models sold 139,300 units, or 37% of the national car sales in November. Jetta was the most popular brand in November, followed by Santana and Excelle.

The country’s top 10 sedan manufacturers in the 11-month period this year are: Shanghai GM, FAW Volkswagen, Shanghai Volkswagen, Chery, Beijing Hyundai, Guangzhou Honda, FAW Toyota, FAW Xiali, Dongfeng Peugeot Citroen and Geely.

Only Chery, FAW Xiali and Geely are Chinese companies, the others are joint ventures.

Sales of the 10 auto makers topped 2.34 million cars from January to November, accounting for 69% percent of the country’s total.

China had between 8.4 and 9 million cars on the road at the end of last year.

Comments

FYI co2

40% WOW - It won't be a very pretty ice core for 2007

allen_Z

Most vehicles sold in PRC auto market are small/mid size pickups, and miniMPV/minivans/Midvans (some are called bread car because of their resemblance to a loaf of bread). They are popular, among farmers and small businesses. A through D segment cars are also have a large market share. Most are not up to date when it comes to emission or engine tech. Generally, the more upscale the vehicle, the closer it comes to Euro/NA/Japan market levels. However, due to low vehicle weight and engine low power ratings, many get 30-40 mpg.

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