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Forecast Report of China Auto Market, H2 2007

Published: Jul/2007

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In Jan-May 2007, the production and sales of China automobile market flourished at the same time. The sales volume of sedans took a share of 73.95% in the sales volume of passenger vehicles. The production and sales grew by 24.83% and 25.66% year-on-year respectively to 1.950579 million vehicles and 1.902485 million vehicles separately. MPV production and sales got to 94,197 units and 89,640 units, with a respective increase of 22.56% and 16.48% year-on-year; SUV production and sales amounted to 126,439 units and 127,946 units with a respective year-on-year rise of 29.22% and 29.46%; the production and sales of cross passenger cars reached 446,426 units and 452,282 units separately, with a respective growth of 0.99% and 4.01%.

In Jan-May 2007, the sedan sales volume of Shanghai GM, Shanghai Volkswagen and FAW Volkswagen reached 172,754 units, 176, 860 units and 175, 825 units respectively. In MPV market, Anhui Jianghuai Automobile Co., Ltd., Guangzhou Honda Automobile Co., Ltd and Shanghai GM ranked the top three with respective sales volume of 17,138 units, 15,383 units and 15,115 units; in the market of passenger cars, Shanghai GM Wuling Co., Ltd realized a sales volume of 219,117 units, taking a market share of 48.45%. ChangAn Automobile Co., Ltd, which ranked the second, had an ever decreasing market share.

It is estimated that the automotive sales volume in China's domestic market will grow by 17.2% to 8.45 million units in 2007. And the sales volume of passenger cars can be up to 6.05 million units, commercial vehicles 2.4 million units.

Sales Volume and Growth Rate of Passenger Vehicles


Exports of Automobiles in Recent Years




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