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Two up, three down! Top five Chinese brand passenger cars in 2018
A great wave sweeps the sand before it shows its gold. In 2018, the China Association of Automobile Manufacturers (CAAM) released auto production and sales figures showing that passenger vehicles accounted for 23.529 million vehicles and 23.71 million vehicles, down 5.2% and 4.1% respectively from the same period last year, and accounted for 84.6% and 84.4% of the total auto production and sales, down 0.9 and 1.2 percentage points from the previous year, respectively. When the passenger car market meets the cold, is precisely tests the brand to resist the risk the vital moment. Against this backdrop, then, which Chinese brands are genuinely gold and which swim naked on shore when the tide goes out? China Automobile News specifically combed through the top 5 Chinese brands in the passenger car market in 2018. TOP1: Geely Automotive sales volume for the whole year: 1.508 million units year-on-year increase: 20.26% Comments: Geely Automotive sold 1.508 million passenger vehicles in 2018. Although it failed to meet the annual sales target of 1.58 million units set at the beginning of the year, it still achieved 20.3% growth, ranking first in the sales volume of passenger vehicles of Chinese brands. In 2018, Geely's SUV camp sold a total of 857,900 vehicles, accounting for 57% of Geely's annual sales. At the same time, car sales and their share are also gradually growing, New Timor, Vision, Timor GL and other models once dominated the top three Chinese brand sedans. Compared with other brands, Geely started the "two-legged" path very early, with a dual effort in cars and SUVs, which has greatly enhanced Geely's ability to withstand risks. TOP2: Great Wall Motor Sales Year-round Volume: 915,000 year-on-year growth:-3.71% Comments: In 2018, SUV models accounted for 90% of Great Wall sales, specific to the model, Harvard H6 is still the Great Wall sales, annual sales of 452,000 vehicles, although compared with the same period last year fell by 10%, but in terms of product power, hedging rate, Harvard H6 can still be called the Chinese brand SUV "a brother." In addition to the Harvard H series, the Harvard F series, as a pioneer in Harvard's strategy of rejuvenation, also performed well in 2018, with both F5 and F7 models selling more than 10,000 vehicles a month. WEY brand, has launched the VV5, VV6, VV7 three fuel vehicles and P8 a new energy vehicles. All of these models sold well in 2018. In addition, the new energy brand Oula has gradually released sales since its launch in 2018, with a cumulative sales volume of 3,515 vehicles. It should be said that 2018 is a year of great wall multi-brand concerted efforts, although slightly down on the same period, but the overall momentum of the kind of hand-in-hand still can not be underestimated. TOP3: Chongqing long-term safety annual sales volume: 874,400 vehicles year-on-year growth:-22.51% Comment: The overall performance of Chang'an Automobile in 2018 has declined due to the overall market downturn, but its balanced development in the SUV and sedan markets lays the foundation for its next steady recovery. On a model-by-model basis, the CS75 sold 140m vehicles in 2018. Especially in the second half of last year, CS75 Through upgrading and market terminal preferential policies, and so on, the harvest is quite abundant. The CS55 will be responsible for sales of 165,100 vehicles in Chang'an in 2018. In cars, the fleet's total sales reached 125,700 in 2018, up 35.8 per cent from a year earlier. TOP4: Full-year sales of SAIC passenger vehicles: 701,900 units year-on-year increase of 34.45% Comments: In 2018, both Roewe and MG, both owned by SAIC passenger vehicles, achieved strength, with annual sales of 460,300 units for Roewe brand and 241,600 units for MG brand, up 78.43% year-on-year from 135,400 units in 2017. In terms of models, the Roewe RX5, which has a fuel version, a pure electric version and a plug-in hybrid version, remains the absolute mainstay of sales, with 2201, 000 vehicles sold in 2018, accounting for more than 30% of total sales. Meanwhile, the continued strength of the small SUV MG ZS and the excellent performance of the sports car MG6 have directly driven the sales growth of the MG brand and the entire SAIC passenger car. In 2018, MG also achieved excellent market performance in overseas markets, which is also an important driving force for the overall growth of SAIC passenger vehicles. TOP5: Chery Auto Full-Year Sales: 549,500 units-2.34% Year-on-Year Comments: Chery Auto Group's full-year sales in 2018 were 752,700 units, up 11% year-on-year, setting a new record. Of this total, 127,000 vehicles were exported, up 18 percent year-on-year. Sales of new energy sources totaled 90,500 vehicles, Up 146 percent year-on-year. However, Chery fell short of its full-year sales target of 900,000 vehicles set at the start of the year, an achievement rate of only 83.6 per cent. In addition, in this official statistics, Chery didn't specifically disclose passenger car sales. In fact, Chery sold 549,500 passenger cars in 2018, down 2.34% from a year earlier, according to the China Association of Automobile Manufacturers. Its main models, the Jetty X70 and Ruihu 8, and the Arizona 5, all fell in the sales rankings by market segment.