The average growth rate of foreign brands is much higher than their own brands
According to the sales data collected by Gasgoo.com, in September 2011, 15 foreign-owned automakers sold Chinese passenger cars with foreign brands in China (this article refers to the sum of sales of cars, SUVs, and MPVs, hereinafter referred to as sales volume). 7.957 million vehicles, an increase of 13.3% year-on-year, much higher than the average growth rate of self-owned brands (0.8%); from January to September this year, sales of foreign-brand passenger vehicles in China reached 6,020,000, an increase of 12.4% year-on-year, and much higher than that of the same period last year. The average growth rate of self-owned brands (4.9%).
In September of this year, the ranking of these foreign-invested automobile enterprises by domestic vehicle sales was: Volkswagen, GM, Toyota, Nissan, Hyundai, Honda, Kia, PSA, Suzuki, Ford, Mazda, BMW, Daimler, Mitsubishi and Lotus. Among them, Volkswagen and General Motors, which sold more than 100,000 vehicles, sold 208,200 vehicles and 118,000 vehicles.
Compared with the same period of last year, the main changes in this ranking are: Toyota and Hyundai rank each other, Toyota rose to third, Hyundai to fifth; Kia, Suzuki and BMW exceeded PSA, Ford and Daimler respectively, ranking one place higher.
Compared with August of this year, the main change was Suzuki's overtaking of Ford and the ranking rose from 10th to 9th.
From January to September of this year, the ranking of these foreign auto makers was consistent with the same period of last year. According to the sales volume of domestic cars, rankings were: Volkswagen, General Motors, Nissan, Toyota, Hyundai, Honda, Kia, PSA, Ford, Suzuki, Mazda, BMW, Daimler, Mitsubishi and Lotus. Among them, only the mass sales of more than one million, its sales reached 1.6185 million.
September: Sales of Honda, Mazda, and Daimler declining year-on-year
From the sales growth rate in September 2011, among the 15 foreign automakers, Honda, Mazda, and Daimler fell in sales – down 11.1%, 9.7%, and 10.6% year-on-year, respectively; sales of 12 other companies Increased.
Among the 12 foreign automakers whose sales increased year-on-year, the fastest-growing is Lotus, which has a growth rate of 96.9%. Followed by BMW and Kia, sales increased by 60.7% and 45.7% respectively to 8,700 vehicles and 43,500 vehicles.
Other companies with double-digit sales growth include Volkswagen, General Motors, Toyota, Nissan, Suzuki and Mitsubishi, which were up 16.1%, 14.5%, 22.9%, 21.4%, 27.8%, and 11.4% year-on-year, respectively.
Hyundai, PSA, and Ford's sales all increased by single digits, with increases of 0.2%, 9.5%, and 6.1%, respectively.
From the quarterly growth rate of sales in September, the sales volume of 15 foreign automakers increased by 16.0% year-on-month, and the sales of these enterprises increased at the same pace as last year. Among them, there are 10 brands with a month-on-month growth rate higher than the average level of foreign companies, namely Nissan, Hyundai, Kia, PSA, Suzuki, Ford, Mazda, Daimler, Mitsubishi, and Lotus. Among them, the fastest increase in the chain is Lotus, up 50.9%; followed by Mazda and Suzuki, the ring increase was 50.2% and 48.5%.
There are five companies that have grown at a slower pace than the average level of foreign auto companies, namely Volkswagen, GM, Toyota, Honda and BMW. Among them, the lowest quarter-on-quarter increase was Toyota, which was only 0.9%; sales of other auto makers increased at a double-digit rate.
January-September: Luxury car sales increase fastest
From January to September 2011, sales of passenger cars from four of 15 foreign automakers declined, and the other 11 companies grew.
The four companies with sales decline are Toyota, Honda, Mitsubishi and Lotus. Among them, the highest decline was Lotus, which was 24.3%; followed by Honda and Mitsubishi, which were 13.2% and 13.7% respectively; and Toyota sales fell from 558,400 units in the same period last year to 558,200 units this year.
Of the 11 companies with sales growth, the two fastest luxury companies – BMW and Daimler – grew 58.9% and 52.3% respectively year-on-year to 77,800 and 54,400 vehicles; followed by Kia and GM. It increased by 26.5% and 21.8% to 300,700 vehicles and 948,500 vehicles.
Other foreign brands with double-digit sales growth include Volkswagen, Nissan, PSA, and Suzuki, with growth rates of 18.9%, 18.1%, 11.8%, and 12.7%, respectively.
Hyundai, Ford, and Mazda's cumulative sales for the January-September period all increased by single digits, with increases of 8.1%, 7.1%, and 0.8%, respectively.
Note:
1. All sales in this article refer to the sales of foreign-made cars of foreign-owned brands in China.
2. The concept of Guangzhou Automobile Honda and Baojun of SAIC-GM-Wuling belong to the joint venture's own brand, so this article does not include it in sales of foreign brands.
3. Sales of Ford domestic cars do not include Volvo.
4. Daimler sales include sales of Beijing Benz and Fujian Daimler.
According to the sales data collected by Gasgoo.com, in September 2011, 15 foreign-owned automakers sold Chinese passenger cars with foreign brands in China (this article refers to the sum of sales of cars, SUVs, and MPVs, hereinafter referred to as sales volume). 7.957 million vehicles, an increase of 13.3% year-on-year, much higher than the average growth rate of self-owned brands (0.8%); from January to September this year, sales of foreign-brand passenger vehicles in China reached 6,020,000, an increase of 12.4% year-on-year, and much higher than that of the same period last year. The average growth rate of self-owned brands (4.9%).
In September of this year, the ranking of these foreign-invested automobile enterprises by domestic vehicle sales was: Volkswagen, GM, Toyota, Nissan, Hyundai, Honda, Kia, PSA, Suzuki, Ford, Mazda, BMW, Daimler, Mitsubishi and Lotus. Among them, Volkswagen and General Motors, which sold more than 100,000 vehicles, sold 208,200 vehicles and 118,000 vehicles.
Compared with the same period of last year, the main changes in this ranking are: Toyota and Hyundai rank each other, Toyota rose to third, Hyundai to fifth; Kia, Suzuki and BMW exceeded PSA, Ford and Daimler respectively, ranking one place higher.
Compared with August of this year, the main change was Suzuki's overtaking of Ford and the ranking rose from 10th to 9th.
From January to September of this year, the ranking of these foreign auto makers was consistent with the same period of last year. According to the sales volume of domestic cars, rankings were: Volkswagen, General Motors, Nissan, Toyota, Hyundai, Honda, Kia, PSA, Ford, Suzuki, Mazda, BMW, Daimler, Mitsubishi and Lotus. Among them, only the mass sales of more than one million, its sales reached 1.6185 million.
September: Sales of Honda, Mazda, and Daimler declining year-on-year
From the sales growth rate in September 2011, among the 15 foreign automakers, Honda, Mazda, and Daimler fell in sales – down 11.1%, 9.7%, and 10.6% year-on-year, respectively; sales of 12 other companies Increased.
Among the 12 foreign automakers whose sales increased year-on-year, the fastest-growing is Lotus, which has a growth rate of 96.9%. Followed by BMW and Kia, sales increased by 60.7% and 45.7% respectively to 8,700 vehicles and 43,500 vehicles.
Other companies with double-digit sales growth include Volkswagen, General Motors, Toyota, Nissan, Suzuki and Mitsubishi, which were up 16.1%, 14.5%, 22.9%, 21.4%, 27.8%, and 11.4% year-on-year, respectively.
Hyundai, PSA, and Ford's sales all increased by single digits, with increases of 0.2%, 9.5%, and 6.1%, respectively.
From the quarterly growth rate of sales in September, the sales volume of 15 foreign automakers increased by 16.0% year-on-month, and the sales of these enterprises increased at the same pace as last year. Among them, there are 10 brands with a month-on-month growth rate higher than the average level of foreign companies, namely Nissan, Hyundai, Kia, PSA, Suzuki, Ford, Mazda, Daimler, Mitsubishi, and Lotus. Among them, the fastest increase in the chain is Lotus, up 50.9%; followed by Mazda and Suzuki, the ring increase was 50.2% and 48.5%.
There are five companies that have grown at a slower pace than the average level of foreign auto companies, namely Volkswagen, GM, Toyota, Honda and BMW. Among them, the lowest quarter-on-quarter increase was Toyota, which was only 0.9%; sales of other auto makers increased at a double-digit rate.
January-September: Luxury car sales increase fastest
From January to September 2011, sales of passenger cars from four of 15 foreign automakers declined, and the other 11 companies grew.
The four companies with sales decline are Toyota, Honda, Mitsubishi and Lotus. Among them, the highest decline was Lotus, which was 24.3%; followed by Honda and Mitsubishi, which were 13.2% and 13.7% respectively; and Toyota sales fell from 558,400 units in the same period last year to 558,200 units this year.
Of the 11 companies with sales growth, the two fastest luxury companies – BMW and Daimler – grew 58.9% and 52.3% respectively year-on-year to 77,800 and 54,400 vehicles; followed by Kia and GM. It increased by 26.5% and 21.8% to 300,700 vehicles and 948,500 vehicles.
Other foreign brands with double-digit sales growth include Volkswagen, Nissan, PSA, and Suzuki, with growth rates of 18.9%, 18.1%, 11.8%, and 12.7%, respectively.
Hyundai, Ford, and Mazda's cumulative sales for the January-September period all increased by single digits, with increases of 8.1%, 7.1%, and 0.8%, respectively.
Note:
1. All sales in this article refer to the sales of foreign-made cars of foreign-owned brands in China.
2. The concept of Guangzhou Automobile Honda and Baojun of SAIC-GM-Wuling belong to the joint venture's own brand, so this article does not include it in sales of foreign brands.
3. Sales of Ford domestic cars do not include Volvo.
4. Daimler sales include sales of Beijing Benz and Fujian Daimler.
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