Breakdown of Chinese Car Imports in 2015
- Given the constant growth of the Chinese automobile market seen in recent years, import volumes have also continued to grow. They stood at 400 000 vehicles in 2009, going up to 1 100 000 in 2012 and 1 300 000 in 2015. Their market share has grown from 3% in 2009 to 4% in 2012 and 5% in 2015. Despite the strong growth in Chinese production, demand for vehicles manufactured abroad has not abated, even though imports into China remain at low levels in comparison to the United States or Europe.
- Import volumes are largest in Europe (600 000 vehicles in 2015), well ahead of the Nafta zone (300 000), Japan (285 000) and Korea (100 000).
- By brand, BMW was the biggest importer of vehicles into China in 2015 (180 000 vehicles), ahead of Mercedes (134 000), Lexus (88 000), Volkswagen (87 000), Audi (82 000), Subaru (62 000), Toyota (60 000), Porsche (54 000) and Land Rover (53 000).
- Which vehicles were imported most into China in 2015?
- 67% of imported vehicles were from Premium brands and 56% of imported vehicles were SUVs. The top 20 imported vehicles represent about half of total imports. Of these twenty models, 15 are SUVs and 14 are from Premium brands, which means that Chinese car production does not fully cover all Premium brand models, notably SUVs (BMW X3, BMW X5, Mercedes M Class, Audi Q7, Porsche Cayenne, Porsche Macan, Lexus RX) and top-of-the-range sedans (BMW 7 Series, Mercedes S Class, Audi A8) which therefore have to be imported.
Contact us: info@inovev.com