The China Association of Automobile Manufacturers (CAAM) on Tuesday that China’s top 10 sedan brands in terms of sales from January to May saw their sales come to 761,200 cars, the top ten sedan brands were:

1. Buick Excelle (94,300 units)

2. Elantra Yuedong (93,400)

3. Jetta (88,400)

4. BYD F3(86,400)

5. Santana (73,200)

6. Elantra (70,600)

7. Chery QQ (69,900)

8. Xiali (65,500)

9. Accord (63,600)

10. Camry (55,900)

[source: CAAM]

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No. Automaker                                                   Sales
============================================

1. Shanghai Volkswagen Co.                         134,000
2. FAW-Volkswagen Automotive Co.             131,100
3. Shanghai General Motors Co.                   106,800
4. Beijing Hyundai Motor Co.                           99,500
5. Dongfeng Motor Co.                                      82,900
6. Chery Automobile Co.                                  82,200
7. BYD Co.                                                          77,800
8. Guangzhou Honda Automobile Co.          66,400
8. Geely Automobile Holdings Ltd.                66,100
9. FAW Toyota Motor Co.                                  63,000

[source: China Association of Automobile Manufacturers]

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China will make efforts to stimulate auto purchases by measures such as expanding the second-hand vehicle market and auto leasing business, said Premier Wen Jiabao in the “Government Work Report” speech he delivered at the opening of the second session of the 11th National People’s Congress (NPC) on Thursday.

The measures are part of the government’s effort to forge a healthy consumption pattern in the auto market, and thus to stimulate consumer spending and drive economic growth.

China’s automobile industry sales growth slowed to 6.7% in 2008, putting an end to at least five years of double-digit growth, data from the China Association of Automobile Manufacturers showed.

A total of 9.38 million vehicles were sold last year, of which passenger vehicle sales rose 7.27% to 6.76 million units and commercial vehicles rose 5.25% to 2.62 million units, according to the association.

More measures are included in the report such as encouraging retailers to open stores in more townships and villages, allocating 43 billion yuan in subsidies for building low-rent housing, expanding people’s consumption in culture, recreation, tourism, the Internet and animation.

source: xinhua

See also:

• China’s top 10 sedan brands in terms of sales from January to May (1)
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• Top ten destination countries of China ’08 automotive exports (1)

Data released by China Association of Automobile Manufacturers (CAAM) showed that the total value of the top ten destination countries of China’s automotive exports(total of parts and assembled cars) exceeded $25.208 billion in 2008, accounting for 51% of China’s total auto exports value in the year.

All these countries but the U.S. witnessed a double-digit growth in auto imports from China year on year, with Brazil showing the most significant increase.

Top ten destination countries of China ’08 automotive exports by value:

Country     Value

U.S.           $9.406 billion
Japan       $4.533 billion
Russia     $2.133 billion
Korea       $1.916 billion
Germany  $1.490 billion
Iran           $1.220 billion
UAE          $1.219 billion
Nigeria     $1.165 billion
Brazil        $1.113 billion
Italy           $1.013 billion

source: gasgoo.com

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