2014-2017, the predicted production of
basic passenger vehicles in China will amount to 17.01 million units by 2017.
In 2013, the production of basic passenger
vehicles market in China was 12.1008 million units, up 12.36% from a year
earlier.
During the period from January to April
2014, the production and sales volume of basic passenger vehicles (cars)
totaled 4.1042 million units and 4.1464 million units respectively, a
year-on-year increase of 3.76% and 4.88% separately. In 2013, the top 5 auto
makers were FAW-Volkswagen, Shanghai Volkswagen, Dongfeng Nissan Passenger
Vehicle Company, Beijing Hyundai Motor Co., Ltd. and Shanghai General Motors
Co., Ltd., of which Volkswagen Group occupied 22.35% of the overall market
share.
In terms of the levels of basic passenger
vehicles, influenced by the adjusted vehicle purchase tax on passenger cars
with 1.6L or lower displacement as well as the subsidies for energy-saving
vehicles, A-class vehicle has seen a rising market share from 2009 on, from 50%
in 2008 to 60%. It is projected that A-class vehicles will continue to take the
lead in market share by 2014. However, in the overall market, the Chinese
consumers prefer mid-sized and large vehicles. Therefore, basic passenger
vehicles would be squeezed by SUV market.
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The production and sales and competition
pattern of basic passenger vehicles, and major vehicle models sold in market
segments. Additionally, the report also introduced the profile and overall
production and sales of vehicle manufacturers, as well as productiosn and
sales, production bases and future development planning of vehicles.
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