China sales hit record high in first half of 2013
VW tops ranks while Japanese models suffer
Summary
The Chinese auto sales (factory shipment basis: including export/chassis, excluding import) in first half of 2013 posted a record high, surpassing the 10 million mark. The sales figure was up 12.3% year-on-year and recovered to a double-digit growth. Concerning vehicle sales by group, five OEMs sold more than 1million units. SAIC Motor Corporation, was ranked first at 2.55 million units. Beijing Automotive Group also came in the top group. As for passenger car sales by maker, Japanese joint ventures continue to suffer slumping sales. Meanwhile joint ventures of VW/GM/Hyundai Group enjoy very strong sales, occupying the top five places. Regarding sales by brand, VW took the lead. China's export of vehicles posted a slight decline.
Related Reports:
Chinese OEM sales outlook 2013 (Mar. 2013)
Sales in China rose 4.3% to 19.31 million units in 2012 (Mar. 2013)
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