Chinese cars
China New Auto Sales 2013 Chinese consumers Bought More than 20 million vehicles in 2013 Jockey Foreign automakers for market share.
Employees in newly assembled car Ford cars in the parking lot of a Ford manufacturing plant in Chongqing April 20, 2012 new Ford car manufacturing plant massive helped Dearborn, Michigan -Based auto giant has become the third largest foreign automaker in China FORED sales jumped 49 percent in 2012 Reuters photo.
If you wonder why so many global automakers are scrambling to expand their footprint in mainland China, consider this table.
The Chinese market for passenger cars and light trucks well beyond the United States in 2013. In January, Chinese consumers bought twice as many vehicles in February and July, two months when the United States and China came closest the other in terms of monthly sales, Chinese bought about 200,000 vehicles more Chinese buyers bought an average of about 527,000 vehicles more per month between January and November China released in December and annual sales figures the Rating figures next week in this table are rounded to the nearest 100,000 filings CAAM photo and business.
China 2013 car sales figures are incomplete until next week, when the December figures will be published by the China Association of Automobile Manufacturers But in November, the Chinese have surpassed the US in monthly sales of 2013 by as much as double the number of vehicles purchased second-largest car market in the world.
The figures released Friday show that US consumers bought 15 6 million vehicles last year, but in November China was about 100,000 vehicles shy of breaking 20 million units for the year, and given the trend, China could have easily surpassed 21 million units last year.
This is great news for automakers high level, especially if Chinese automakers are losing the world's market share in November, for example, just over 40 percent of all new vehicles sold in China were from domestic manufacturers, such as SAIC, Dongfeng and FAW the country's top three, but this share was 3 of 6 percent lower than it was last year not a good trend given sales growth seen in China by General Motors Co NYSE GM, Volkswagen AG FRA vow, Ford Motor Co F NYSE, Toyota Motor Corp. TYO 7203 and Honda Motor Co Ltd TYO 7267.
Toyota and Honda both said Monday they have broken sales records in China last year by their joint ventures with domestic manufacturers Toyota sold nearly 918,000 units by Sichuan FAW Toyota Motor Company and GAC Toyota Motor Co Ltd the two largest automobile manufacturer joint ventures of the world with domestic manufacturers that Sá February 9 percent increase from 2012, when Japanese automakers suffered a reaction of consumers on the territorial dispute with Japan on Senkaku Diaoyu islands that Japan controls but China claims.
Honda, too, rebounded consumer reaction that sent Japanese car sales plummeting in late 2012 has sold nearly 757,000 vehicles, or 26 percent more than it sold in 2012.
But by far the winners of the year are Volkswagen and Ford, the former because it is expected to edge past General Motors as the No. 1 foreign automaker in China The latest figures aren t out yet, but the German automaker was ahead of its Detroit rival by around 70,000 units in November the two companies have exceeded 3 million units sold in China, which will be a record for GM was No. 1 automaker last year US volume sales to about 2 8 million cars, but softer sales in December in China suggest that Volkswagen may be exceeded in the other major car market.
Ford could be the best success story for any car company in China, because if it's arriving relatively late stage, it has already managed to exceed comfortably the Japanese in China, selling nearly 936,000 units last year a 49 percent increase impressive thanks to the company line of new and revised offers, especially the Mondeo, the Chinese version of foreign automakers Ford Fusion sedan in China making the most of their vehicles at national level by often a complex network of GM joint ventures, for example, a dozen joint ventures with domestic manufacturers, who are allowed to work with more foreign companies at the same time.
China New Auto Sales 2013 Chinese consumers Bought More than 20 million vehicles in 2013 as foreign, china, car, sales.