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China’s automobile sales up 4 percent in August

BEIJING – China’s automobile sales in August rose 4.04 percent on a yearly basis to over 1.71 million units (Table 1), according to data released by China Association of Automobile Manufacturers (CAAM) on September 11.

Table 1: Sales of automobiles in August 2014 (in units)    
   August 2014 % Change (MOM) % Change (YOY) January-August 2014 % Change (cumulative)
Total 1,715,600 6.0 4.0 15,017,300 7.7
Passenger vehicle 1,468,200 8.1 8.5 12,459,500 10.7
   Car 910,800 6.2 1.3 7,920,200 4.5
   MPV 145,900 22.7 38.3 1,146,500 54.1
   SUV 311,300 6.3 29.6 2,427,700 34.5
   Microvan 100,200 13.5 -7.6 965,100 -14.3
Commercial vehicle 247,400 -4.9 -16.4 2,557,800 -5.0
   Bus 49,700 3.6 9.7 377,000 6.6
     Large 7,100 8.3 11.36 50,100 1.7
     Medium 6,400 -16.2 -14.85 48,800 -10.8
     Light 36,200 7.2 15.28 278,100 11.4
   Truck 197,700 -6.9 -21.08 2,180,800 -6.8
     Heavy-duty 48,100 -4.9 -6.64 527,700 4.9
     Medium 16,100 7.5 -6.58 160,800 -19.1
     Light 93,300 -16.0 -34.36 1,147,600 -10.3
     Micro 40,200 12.7 1.53 344,700 -3.6
          Source: CAAM

Combined sales of the top 10 automakers in the month totaled more than 1.55 million units, accounting for 90.4 percent of total sales (Table 2).

Table 2: Sales of top 10 automakers in August 2014 (in units)
Automaker Sales    
SAIC 427,100    
Dongfeng 268,000    
FAW 246,700    
Chang’an 178,400    
BAIC 169,900    
GAC 81,300    
Brilliance  60,900    
Great Wall  49,200    
Chery 39,200    
BYD 30,300    
Total 1,551,000    
  Source: CAAM    

A total of nearly 1.47 million passenger vehicles (passenger cars, MPVs, SUVs and microvans) were sold, up 8.5 percent compared with the same period of last year. Passenger car sales were 910,800 units, up 1.3 percent, and SUVs 311,300 units, up 29.6 percent.

The Ford Focus ranked first on the list of sales of top 10 car models in August by selling 28,300 units, followed by two Volkswagen models, the Sagitar (25,700 units) and the Santana (24,500 units).

Sales of MPVs continued to climb with a high growth rate of 38.3 percent to 145,900 units, but those of microvans dropped 7.6 percent to 100,200 units.

Combined sales of the top 10 passenger vehicle makers were 920,200 units, taking up 62.7 percent of the total passenger vehicle sales (Table 3).

Table 3: Sales of top 10 PV makers in August 2014 (in units)
PV maker Sales      
FAW-VW 150,300      
Shanghai-GM 130,600      
Shanghai-VW 130,000      
SAIC-GM-Wuling 128,800      
Beijing-Hyundai 84,000      
Dongfeng-Nissan 67,200      
Chang’an (Chongqing) 66,100      
Chang’an-Ford 60,600      
DPCA 55,600      
Dongfeng-Yueda-Kia 47,000      
Total 920,200      
  Source: CAAM      

Passenger vehicle sales of Chinese brands in August increased 5.69 percent to 545,100 units, with their market share down by 1 percentage point to 37.13 percent.

Sales of Chinese brand passenger cars reached 177,900 units, down 21.09 percent. Their market share down 5.6 percentage points to 19.53 percent.

Sales of commercial vehicles (including buses, trucks, semi-trailers, bus chassis and truck chassis) in the month came to 247,400 units with a decline of 16.36 percent.

Bus sales reached 49,700 units, up 9.73 percent, and trucks 197,700 units, down 21.08 percent.

Combined sales of the top 10 commercial vehicle makers were 178,300 units, which took up 72.07 percent of the total commercial vehicle sales (Table 4).

Table 4: Sales of top 10 CV makers in August 2014 (in units)
CV maker Sales    
Dongfeng 33,000    
Beiqi-Foton 30,600    
SAIC-GM-Wuling 21,700    
Jinbei Auto 17,900    
JAC 15,800    
FAW 15,700    
JMC 15,000    
CNHTC 11,200    
Chang’an (Chongqing) 9,700    
Great Wall  7,700    
Total 178,300    
  Source: CAAM    

China’s automobile sales in the first eight months this year rose 7.67 percent to nearly15.02 million units. Passenger vehicle sales reached nearly 12.5 million units, up 10.7 percent, but sales of commercial vehicles decreased 5 percent to 2.56 million units.

     
Sales of top 10 car models in August 2014 (in units)
Car model Sales  
Ford Focus 28,300  
Volkswagen Sagitar 25,700  
Volkswagen Santana 24,500  
Volkswagen Lavida 24,200  
Volkswagen Jetta 23,900  
Hyundai Elantra Langdong 23,000  
Buick Excelle 21,900  
Hyundai Verna 21,200  
Volkswagen Bora 19,100  
Nissan Sylphy 19,000  
Total 230,800  
  Source: CAAM  
Sales of top 10 SUV models in August 2014 (in units)
SUV model Sales    
Great Wall Haval 32,800    
Volkswagen Tiguan 21,600    
Chery Tiggo 19,700    
Nissan X-Trail 12,400    
Ford Kuga 12,100    
Honda CR-V 12,000    
Hyundai ix35 11,100    
BYD S6 9,400    
BAIC Huansu 8,900    
Audi Q3 8,600    
Total 148,600    
  Source: CAAM    
Sales of top 10 MPV models in August 2014 (in units)
MPV model Sales    
Wuling Hongguang 56,500    
Baojun 730 12,000    
Chang’an Honor 10,000    
Donfeng Lingzhi 9,800    
Dongfeng Joyear 9,200    
Buick GL8 6,800    
Weiwang M20 6,000    
DFSK Fengguang 5,700    
Honda Jade 5,100    
JAC Refine 4,100    
Total 125,200    
  Source: CAAM  
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