What are the manufacturers who benefit most from the growing Chinese market?
- The PC (Passenger Cars) Chinese market recorded an increase of 7.6% over the first five months of 2016 (compared to the first five months of 2015).
This increase is partly due to the 50% reduction in taxes on small and medium vehicles implemented last year. What are the manufacturers who benefit most from this new growth of the Chinese market?
This increase is partly due to the 50% reduction in taxes on small and medium vehicles implemented last year. What are the manufacturers who benefit most from this new growth of the Chinese market?
- Among the 26 largest vehicle makers in this market, 11 managed to increase their sales by more than 7.6% over the first five months of 2016, ie by more than the rise in the Chinese market as a whole.
- 6 Chinese manufacturers (Chinese carmakers selling under their own brand names) are among the 11 manufacturers:
Beijing (+ 268%), Brilliance (+ 199%), Soueast (+ 76%), SAIC (+ 62%), Dongfeng (+ 29%) and JAC (+ 20%) .
Beijing took advantage of the start of production of Borgward.
Beijing (+ 268%), Brilliance (+ 199%), Soueast (+ 76%), SAIC (+ 62%), Dongfeng (+ 29%) and JAC (+ 20%) .
Beijing took advantage of the start of production of Borgward.
- 5 non-Chinese manufacturers complete the list of 11 manufacturers: FCA (+ 216%), Daimler (+ 46%), Honda (+ 28%), Toyota (+ 19%) and Renault-Nissan (+ 11%). FCA takes advantage of the start of production of the Jeep and Renault-Nissan that of Renault.
- Other manufacturers were not able to increase their sales by more than 7.6%. They lost market share. We can note in this category the leader groups: VW (+ 5%), GM (+ 4%), Hyundai-Kia (-7%) and Changan (-3%), but also the Chinese Chery (+ 0%), Geely ( + 7%), Great Wall (+ 6%), BYD (-8%) and non-Chinese Ford (+ 3%), BMW (-1%) and PSA (-20%).
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