Abstract China Automobile Industry Association released the latest statistics on the 11th. In 2012, the production and sales volume of domestically produced vehicles reached 19,217,800 and 19,360,400 respectively, up 4.63% and 4.33% year-on-year, and continued to maintain steady and low-speed growth. ...
The China Association of Automobile Manufacturers released the latest statistics on the 11th. In 2012, the production and sales volume of domestically produced vehicles reached 19,217,800 and 19,360,400 respectively, up 4.63% and 4.33% year-on-year, and continued to maintain steady low growth. This is the fourth consecutive year that China's automobile production and sales have maintained a world leading position.
According to statistics from the China Automobile Industry Association, in 2012, the production and sales of domestic passenger cars were 15.523 million and 15.5492 million, up 7.17% and 7.07% year-on-year; the production and sales of commercial vehicles was 374.81 million and 3.191 million, down 4.71% and 5.49% year-on-year.
The top 10 enterprises such as SAIC, Dongfeng, FAW, Changan, Beiqi, GAC, Brilliance, Great Wall, Chery and Geely sold 16.86 million units in 2012, accounting for 87.3% of the total industry sales. This shows that the competitiveness of domestic large enterprise groups continues to strengthen. Market concentration continues to increase.
The top ten car manufacturers in 2012 were: Shanghai GM, FAW-Volkswagen, Shanghai Volkswagen, Beijing Hyundai, Dongfeng Nissan, Changan Ford, Geely, Shenlong, Chery and FAW Toyota, accounting for 65.91% of total car sales.
The China Automobile Association expects that the domestic market demand for automobiles will be about 20.8 million units in 2013, of which domestically produced vehicles will be 19.35 million units, and the rest will be imported cars. The China Automobile Association believes that domestic car sales will reach 11.55 million units this year, up 7.5% year-on-year; SUV sales volume 2.46 million units, up 23% year-on-year. Commercial vehicles remained basically stable and sales increased slightly.
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