According to the China Association of Automobile Manufacturers
(CAAM), vehicle sales in China jumped 46.4% to 2.03 million units
in Jan 2013, mainly due to the low base in the same month last
year. The increase in sales was much higher than last year. In
2012, sales grew 4.3% to 19.3 million vehicles.
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Medium-sized cars and sports utility vehicles (SUVs) were the
most popular class of vehicles during the month, constituting
57.7% and 15.5% of the market, respectively in the month. Small
cars accounted for 20% of the market while luxury lineups
occupied a tad 3%.
Sales and Market Share by Automakers
) continued to be the leading automaker in the world's largest
market with 21.8% market share. Sales of its Audi brand surged
38.5% to 37,678 units. The second leading automaker was
General Motors Company
), which occupied 12.2% of the market. It saw a 26.0% rise in
sales to 310,765 units during the month.
GM operates three joint ventures in China. The first one is a
49%-51% car manufacturing venture with Chinese automaker SAIC
Motor Corp in Shanghai. The second is a mini-vans and pick-up
trucks three-way joint venture with SAIC and Liuzhou Wuling
Automobile in southern China. The third one is a light commercial
vehicles joint venture with FAW Group.
Nissan Motor Co.
) was the third leading automaker in the country with more than
5% market share. Nissan's sales escalated 22.2% to 115,700
vehicles in Jan.
Ford Motor Co.
) saw the strongest sales increase among the foreign automakers
in China. Its sales leapt 98.0% to 61,475 vehicles during the
Ford manufactures Fiesta, Focus, Mondeo and other sedans in China
in a three-way joint venture with Chongqing Changan Automobile
Co. Ltd and Japan's Mazda Motor Corp. The company also has a 30%
ownership in Jiangling Motors Corp Ltd that produces
The domestic automakers in China accounted for 32% of the market.
Some of the leading companies among them are Geely, BYD, Great
Wall and Chery. Meanwhile, European brands constituted 25.8% of
the market, Japanese brands 16.7%, American brands 14.3% and
Korean brands 11.0%.
According to CAAM, auto sales in China are expected to rise 7% to
more than 20 million vehicles in 2013, led by strong demand for
passenger vehicles and economic recovery. The association
believes SUVs will remain the fastest- growing segment in the
year while commercial vehicles will record a moderate gain in
However, the Chinese government is concerned about rising air
pollution in the country due to the ever increasing vehicles on
the road. As a result, China's State Council announced a stricter
standard for auto fuel recently, which will be promoted
nationwide by 2017. These steps may damage the health of the auto
industry in China.