Various news sources report that according to the China Association of Automobile Manufacturers (CAAM), 19.31 million vehicles were sold and 19.27 million manufactured in the country last year, an increase of 4.33% and 4.63% over respective figures in 2011.
CAAM reveals that in 2012, 15.49 million passenger vehicles were sold and 15.52 million produced, respectively 7.07% and 7.17% more than in the year before. However, corresponding figures for the sales and production of commercial vehicles dropped 5.49% and 4.71% to 3.81 million and 3.75 million units respectively.
According to a recent survey conducted by the China Automobile Dealers Association (CADA), total market demands are expected to reach 20.8 million vehicles in 2013 – a 7% jump, Gasgoo.com reports, citing Beijing Business Today.
Total passenger vehicle sales are expected to be around 16.8 million units this year (8.5% up from 2012), with SUV sales predicted to grow 23% to 2.46 million units. Among the new SUV models in the Middle Kingdom are the Hyundai Santa Fe, Dongfeng Peugeot 3008 and Shanghai GM Buick Enclave.
CADA deputy secretary general Shen Rong told Gasgoo.com that the modest growth rates show that the Chinese auto market may be reaching a mature stage. He believes that the few years of rapid growth followed by a long period of slow but steady growth is a normal sequence followed by other auto markets.
As further proof of market maturity, Shen cites the growing used car market in big cities like Beijing and Shanghai. 60% of new car sales last year came from consumers who traded in their used vehicles for a discount, over four times more than in 2011, according to CADA statistics.
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“CAAM reveals that in 2012, 15.49 million passenger vehicles were sold and 15.52 million produced”
– Out of the above figure, how many units sold by the Europstar clone from Jaguh Kampung No.2 Gen-2!
So, this cronies want to make Preve to be Asian car, ha, ha, ha …… go and sell at Dragonland, see how many unit become part of their statistic for year 2013!
i believe d amt too small and no one bother to know.
For your info there a lot of the local Chinese Jaguh Kampong cars there too. From 100 over car local car makers there, only 5 make profit last year. The rest are losing a lot.
How to do well in Dragonland when the Proton advisor is so anti chinese.
Breath deep, the wonderful smell of ever increasing pollution in and around Beijing. A great way to control population growth in the city. Time to stop providing each and every city dweller the opportunity to own a car and start developing a world class public transport pronto! If other developed countries can have low car ownership why not China? It’ll do everyone globally a huge favor.