Passenger vehicle sales in August increased by more than one million SUVs by 76% year-on-year

According to statistics from the National Association of Passenger Car Markets in August, according to statistics from the National Passenger Car Market Joint Meeting, August passenger car sales volume was 1.007 million units, an increase of 18.5% year-on-year, of which MPV series products continued to increase by 66.9%, while sedan products With a total sales of 5.66 million units, demand for SUV products continued to grow by 76.1% year-on-year.

According to statistics from the National Association of Passenger Car Markets, the total passenger car production in August 2010 was 977 thousand units, which was a 14% increase from the same period of last year and a decrease of 1.3% from July. Among them, the output of SUV products grew the most rapidly, with a year-on-year increase of 82.1%, which also reflected the current strong demand for SUV market. In the past, the increase in the MPV, which was less of a concern, was relatively large, reaching 75.2%. The growth of the sedan series is still slow, with an increase of only 8.1% year-on-year, far below the market growth average.

From the perspective of sales statistics, it is basically in line with changes in production. In the first half of the year, sales reached 1.007 million units, a year-on-year increase of 18.5%. The growth of SUV products is the most eye-catching, with a year-on-year increase of 76.1 to 110,000 units. MPV still performed well. In the first half of the year, total sales have increased to 260,000 units. The sedan series, as reflected in production, grew by only 14.7% year-on-year.



According to sales statistics, we can see the performance of automakers in August 2010. The top five sellers were Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM, Dongfeng Nissan and Beijing Hyundai. Shanghai Volkswagen has become a dependant on new vehicles such as Tiguan. August sales champion, while FAW-Volkswagen and Shanghai GM became runners-up and third runners-up. Dongfeng Nissan won the fourth place with comprehensive coverage of products. Beijing Hyundai relied on Yuet Sports and iX35 and other models were still ranked fifth in the rankings, and FAW. Toyota won sixth place with strong promotion.

In terms of sales of general passenger cars, Shanghai GM Wuling continues to occupy the first position. The top three narrow passenger vehicles occupy 2-4 seats respectively, and Changan Automobile continues to slide down to eighth place. Although the market for micro-subs has declined, production and sales have been basically balanced. Under such circumstances, prices will not go down. Therefore, the Chinese passenger car market is now in a stable state of operation.

For the September sales forecast, the passenger car market joint committee estimated that sales in September could increase by approximately 4.7%, coupled with many favorable factors of Jinjiu and the promotional role of energy-saving vehicle subsidies to fully play, but the market has already had early heat in August. In September, the year-on-year and quarter-on-quarter market growth may be reduced.