How China’s major automakers perform in Nov. amid overall vehicle sales go downhill
2018-12-24 16:09:08
China's vehicle sales in November reached 2,547,800 units, climbing 7.05% over a month ago, while presented year-on-year (YoY) decline of 13.86%, according to the data released by the China Association of Automobile Manufacturers (CAAM). For the first eleven months, the year-to-date (YTD) vehicle sales for the world's largest auto market edge down 1.65% from the year-ago period, showing YoY downturn the second time of the year. China automaker Nov. sales, China Nov. vehicle sales, China automotive news, Geely Nov. sales Gasgoo hereby summarizes the sales data released by several major Chinese automakers as usual. Annual sales outcomes for these carmakers are getting more and more clear with the new year approaching. SAIC Motor China automaker Nov. sales, China Nov. vehicle sales, China automotive news, Geely Nov. sales The top 3 subsidiaries by Nov. sales for SAIC Motor were still SAIC Volkswagen, SAIC GM and SAIC-GM-Wuling whose monthly sales all presented YoY downturn for the third month in a row. Apart from SAIC Motor PV, Naveco and Sunwin Bus, the other subsidiaries all faced negative YoY growth last month. China automaker Nov. sales, China Nov. vehicle sales, China automotive news, Geely Nov. sales SAIC Motor PV has maintained a blooming growth momentum this year. The Roewe i5, hitting the market on October 26, had a sales volume of 12,000 units in November. Besides, the sales of the MG HS SUV have exceeded 10,000 units after it went on sales at the end of September. In November, SAIC Volkswagen still achieved a positive month-on-month (MoM) sales growth of 10% despite its YoY decrease. Aside from such hotter-selling models as the Lavida and the Tiguan, the sales of the new-generation Passat reached nearly 17,000 units with a YoY jump of 22%. The Volkswagen Tharu SUV, launched by the joint venture on the last day of October, pushed the sales to a higher level to some degree.
Miss.Ren Ting

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