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China automobile sales increase 2.02 percent in October 2017

BEIJING – China’s automobile sales in October increased 2.02 percent from the same period of the previous year to 2.70 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on November 10.

Passenger vehicle sales reached 2,352,500 units, up 0.36 percent, while commercial vehicle sales reached 351,100 units, up 14.82 percent. 

 

The top 10 automakers by sales in October were SAIC, Dongfeng, FAW, Chang’an, BAIC, GAC, Geely, Great Wall, Brilliance and Chery. Combined sales of these 10 companies reached about 2.39 million units, accounting for 88.54 percent of total automobile sales.

Passenger car sales decreased 5.42 percent to 1,107,100 units compared with last year. The top 10 passenger car makers by sales in October were FAW-VW, SAIC-GM, SAIC-VW, Dongfeng-Nissan, Chang’an-Ford, Geely, Beijing-Hyundai, GAC-Honda, FAW-Toyota and Dongfeng-Yueda-Kia. Combined sales of these 10 companies reached about 809,800 units, accounting for 73.15 percent of total passenger car sales. The Volkswagen Santana ranked first on the list of sales of the top 10 car models in October by selling 38,500 units in the month, followed by the Nissan Sylphy (38,500 units) and the Volkswagen Jetta (38,200 units).

Sales of SUVs slowed with a year-on-year growth rate of 13.94 percent to 1,020,900 units. The top 10 SUV makers by sales in October were Great Wall, Geely, Chang’an, Dongfeng-Nissan, SAIC-GM-Wuling, SAIC-VW, Dongfeng, GAC Motor, SAIC PC and SAIC-GM. Combined sales of these 10 companies reached 565,000 units, accounting for 55.34 percent of total SUV sales. The Haval H6 maintained its No. 1 position on the list of sales of the top 10 SUV models and also was the bestselling passenger vehicle model in October.

MPV sales were down 18.13 percent to 189,800 units. The top 10 MPV makers by sales in October were SAIC-GM-Wuling, Chang’an, SAIC-GM, Dongfeng, BAIC Yinxiang, JAC, Chongqing Lifan, BAIC Motor, Dongfeng-Honda and Chery, with combined sales of 163,100 units, which took up 85.93 percent of total MPV sales. 

Microvan sales reached 34,800 units, down 24.16 percent.

In the commercial vehicle market, bus sales reached 46,100 units, up 10.16 percent, while truck sales reached 304,900 units, up 15.56 percent.  

New energy vehicle sales reached 91,000 units, up 106.70 percent. New energy passenger vehicle sales reached 68,000 units, up 111.50 percent, while new energy commercial vehicle sales reached 23,000 units, up 93.70 percent.

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China automobile sales increase 2.02 percent in October 2017

BEIJING – China’s automobile sales in October increased 2.02 percent from the same period of the previous year to 2.70 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on November 10.

Passenger vehicle sales reached 2,352,500 units, up 0.36 percent, while commercial vehicle sales reached 351,100 units, up 14.82 percent. 

Passenger car sales decreased 5.40 percent to 1,107,000 units compared with last year.

Sales of SUVs reached 1,021,000 units with a year-on-year growth rate of 13.9 percent.

MPV sales were down 18.1 percent to 190,000 units and microvan sales slid 24.2 percent to 35,000 units.

In the first 10 months of the year, automobile sales totaled 22.927 million units, up 4.13 percent. Sales of the passenger vehicles through to October came to 19.502 million units, a growth of 2.13 percent.

The top 10 automakers by sales of Chinese brand vehicles in January-October period were SAIC, Chang’an, Dongfeng, Geely, BAIC, Great Wall, FAW, Chery, JAC and GAC.

In the commercial vehicle market, bus sales reached 46,000 units, up 10.2 percent, while truck sales reached 305,000 units, up 15.6 percent.

The top 10 manufacturers by sales of Chinese brand commercial vehicles were Dongfeng, BAIC, Chang’an, SAIC, FAW, CNHTC, JAC, Shaanxi Auto, Chongqing Lifan and Great Wall.

New energy vehicle sales in October reached 91,000 units, up 106.70 percent. New energy passenger vehicle sales reached 68,000 units, up 111.50 percent, while new energy commercial vehicle sales reached 23,000 units, up 93.70 percent.

From January to October, total NEV sales came to 490,000 units, up 45.4 percent on a yearly basis.

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