2015 Chinese Automotive Sales by Brand – The Best-Selling Automotive Brands By Sales Volume
Car sales in China increased 8,7% in 2015 to top 20 million units for the first time ever, as the tax break on small vehicles in Q4 helped to double the 4,3% increase in the first three quarters, after an unprecedented three consecutive months of declines from June to August. This was a result of the slowing economy and a stock market crisis, which has taken away a potential 500.000 car sales, according to analysts from the China Association of Automobile Manufacturers. Car purchase limits in 7 major cities due to congestion and subsequent air quality concerns have also cost a potential 2 million vehicle sales. As a result, 2015 is the second consecutive year that the Chines car market grows slower than the year before, and with tax break having ended on December 31st, this year may prove to be a difficult year again, unless the government pulls another subsidy rabbit out of their hat.
As you’ll know when you’ve followed the Chinese car market on this blog, SUVs are the main reason for this boost, as Chinese car buyers have shied away from sedans. Sales of crossovers and SUVs soared 52% to 6,22 million units, and MPVs increased 10% to 2,11 million sales, while sedans slumped 5,3% to 11,72 million sales.
