July Domestic Sales of Foreign-made Branded Passenger Cars

In July, the share of foreign brands surpassed 70% in July. The sales growth of foreign brands continued to rise faster than the market level, eroding the share of independent brands. According to the data compiled by Gasgoo.com, in July this year, foreign-made domestic passenger cars sold 885,900 vehicles, an increase of 10.5% over the 801,400 vehicles sold in the same period of last year, an increase slightly higher than the market average of 10%, in passenger cars. The market share exceeded 70% for the first time during the year - 70%, up 0.3% year-on-year.

German Department to promote growth in Japanese sales decline in foreign brands in the four major factions, the German car is the main growth in sales, sales in July this year from 236,200 the same period last year increased to 275,300, an increase of 16.6% year-on-year, helping foreign brands Overall growth. This is mainly due to the strategic layout of Volkswagen's products in China in recent years, especially in the passenger car market. The launch of Passat, Magotan, Sagitar, Santana and other heavy new vehicles has driven the overall growth of German cars.

The sales of American and Korean brands in July increased by around 10% respectively. Sales volume of US-based vehicles increased by 9.6% to 184,400 vehicles; sales of Korean-type vehicles reached 113,500, a year-on-year increase of 10.3%.

The sales of Japanese brands in July fell overall, from 215,500 units last year to 208,100 units, a decrease of 3.4% year-on-year. Among the “big three” Japanese companies, Nissan’s and Honda’s domestic cars dropped by 17.4% and 21.7% respectively. Only Toyota’s sales increased by 13.7% year-on-year to 81,700 vehicles.

Mass advantage expands PSA and Mazda increase fastest From the corporate/group level, in July of this year, foreign sales top 10 were Volkswagen (including Audi), Hyundai (including Kia), GM, Toyota, Nissan, Ford, PSA, Honda, BMW and Suzuki.

Among them, Germany's VW lead is even more pronounced. Sales volume increased from 236,200 units to 275,300 units in July this year, a year-on-year increase of 16.6%. While Hyundai and General Motors' China-made cars grew by 10.3% and 5.2% respectively to 125,200 vehicles and 120,300 vehicles, the gap from the public further expanded.

PSA and Mazda grew fastest with an increase of over 50%, and the new car led the overall increase in sales. In the new Elysee, Peugeot 301, 2008, DS5 and other new car sales, PSA sales in July this year increased by 53.5% year-on-year, from 37,800 to 57,800; Mazda launched in recent years Mazda 3 Axela, Mazda 6 Art ZX, CX-5, CX-7, led its overall growth. July sales increased by 52.9% to 16,500 vehicles.

In addition, sales of Toyota, Ford and BMW increased by 13.7%, 18.9% and 26.3% respectively in July. Nissan and Honda fell 17.4% and 21.7% respectively.