China’s #auto sales volume reached 28.88 million in 2017,

[Yingluck]

China has way more vehicle per capita than Singapore or HK.

 

[TaiShang]

Yes. The Chinese brands are really growing fast these years. They sold 10,847,000 cars last year in China with 43.9% market share of passenger car here in a market with fierce competition from foreign brands. Wuling are very popular, a lot of them are used as workhorses for shop owners here. The company sold close to 2 million cars last year. If the sales of Volvo included, Geely also sold approx 2 million cars last year. Great wall still remains at 1 million class, as they mainly focus on SUVs.

Thank you for the very informative data on status of China auto Inc. I see that among the top 10 best selling cars, lots of China brands, and a heavy presence by Germans followed by the Japanese. I think this is qualitative way to grow domestic brands to eventually capture about 70% share. That would be ideal. And, seeing the upcoming lineups from Great Wall (WEY, Haval), Changan, and the startups, it is not a far-fetched objective.

Having foreign brand percentage also makes strategic sense to force their hands in the event of a trade dispute. If Trump goes ahead with his stupid policy statements (so far to allure rednecks only), China has a strong trump card to play against.

It can easily send back GM and Ford to the warm embrace of US taxpayers for an ever bigger bailout.

 

[AndrewJin]

Thank you for the very informative data on status of China auto Inc. I see that among the top 10 best selling cars, lots of China brands, and a heavy presence by Germans followed by the Japanese. I think this is qualitative way to grow domestic brands to eventually capture about 70% share. That would be ideal. And, seeing the upcoming lineups from Great Wall (WEY, Haval), Changan, and the startups, it is not a far-fetched objective.

Having foreign brand percentage also makes strategic sense to force their hands in the event of a trade dispute. If Trump goes ahead with his stupid policy statements (so far to allure rednecks only), China has a strong trump card to play against.

It can easily send back GM and Ford to the warm embrace of US taxpayers for an ever bigger bailout.

More expressways are coming!!!

 

[Kai Liu]

Thank you for the very informative data on status of China auto Inc. I see that among the top 10 best selling cars, lots of China brands, and a heavy presence by Germans followed by the Japanese. I think this is qualitative way to grow domestic brands to eventually capture about 70% share. That would be ideal. And, seeing the upcoming lineups from Great Wall (WEY, Haval), Changan, and the startups, it is not a far-fetched objective.

Having foreign brand percentage also makes strategic sense to force their hands in the event of a trade dispute. If Trump goes ahead with his stupid policy statements (so far to allure rednecks only), China has a strong trump card to play against.

It can easily send back GM and Ford to the warm embrace of US taxpayers for an ever bigger bailout.

Yes, bro. If not for the government's control on license plates and the toughest driving test in the world, China's auto sales can easily reach 40 million or even more. The current driving test is a real torture, it takes months even years to obtain a driver's license here, and some people just give up, while in other countries like in the US, it takes no more than one week or two. And I do think the domestic brands will continue to grow. There will be companies reaching 5 million sales in the near future, and become global players like our electronic companies. Due to the huge huge market and purchasing power, including cars, airplanes, computer chips, etc. etc. literally everything. Trump is not going to do anything significant against China in trade, as a lot of anti-China clowns wish, mostly will remain on the surface just to show his attitude and stance...After all, Trump is a business man, and will never do such things which will hurt China and US equally, while benefit EU, Japan, etc..

 

[AndrewJin]

Any guess for 2018?
30 million?

@Martian2 @TaiShang @cirr et al

 

[52051]

Yes, they are trying to buy Rafale in PPP.

Is that paid by cow dump dollar?

 

[faithfulguy]

Is that paid by cow dump dollar?

They call it cow chips.

 

[TaiShang]

Any guess for 2018?
30 million?

@Martian2 @TaiShang @cirr et al

I think it will hit 30 million.

In December 2017, it tested

***

What is more significant is the share of domestic brands. China brands already began to dominate SUV segment. Passenger cars are the weak link.

***

The market share of Chinese brand PCs up yearly

• 2018-01-15
• From: CAAM

In 2017, the accumulated sales of Chinese brand passenger cars reached 10,847,000 units, up 3% year on year. The market share increased 0.7 percentage points than the previous year, reaching 43.9%. To be specific, the sales of Chinese brand cars were 2,354,000 units, up 0.6% year on year, with an increase of 0.6 percentage points on market share, reaching 19.9%. The sales of Chinese brand SUV reached 6,217,000 units, up 18% year on year. The market share increased 2.4 percentage points, reaching 60.6%. The sales of Chinese brand MPV were 1,728,000 units, down 22.8% year on year, accounting for 83.5% of the total sales of MPV, with a decrease of 6.2 percentage points on market share.

http://www.caam.org.cn/AutomotivesStatistics/20180115/1305214915.html

@Kai Liu

 

[Kai Liu]

I think it will hit 30 million.

In December 2017, it tested

View attachment 450651

***

What is more significant is the share of domestic brands. China brands already began to dominate SUV segment. Passenger cars are the weak link.

***

The market share of Chinese brand PCs up yearly

• 2018-01-15
• From: CAAM

In 2017, the accumulated sales of Chinese brand passenger cars reached 10,847,000 units, up 3% year on year. The market share increased 0.7 percentage points than the previous year, reaching 43.9%. To be specific, the sales of Chinese brand cars were 2,354,000 units, up 0.6% year on year, with an increase of 0.6 percentage points on market share, reaching 19.9%. The sales of Chinese brand SUV reached 6,217,000 units, up 18% year on year. The market share increased 2.4 percentage points, reaching 60.6%. The sales of Chinese brand MPV were 1,728,000 units, down 22.8% year on year, accounting for 83.5% of the total sales of MPV, with a decrease of 6.2 percentage points on market share.

http://www.caam.org.cn/AutomotivesStatistics/20180115/1305214915.html

@Kai Liu

Yes. The domestic car companies are growing very fast. Since the car market size here could reach 40 million or even larger in the near future, China has the potential to have 3 to 5 world class car companies (with a sales number > 5 million each) in the next 10~20 years. With the test in such a big domestic market, the companies and their products will grow mature and be able to expand in the international market, following the path of our electronic companies like Huawei, Lenovo, and Xiaomi, etc. And there is another very important opportunity can even expedite this process which is the development of new energy cars. This could bring reshuffle to the car industries, and we are among the leading powers in these field. It will not be surprising if companies like BYD or other newly emerged car companies to reach the top 3 in sales in the near future.

 

[TaiShang]

Yes. The domestic car companies are growing very fast. Since the car market size here could reach 40 million or even larger in the near future, China has the potential to have 3 to 5 world class car companies (with a sales number > 5 million each) in the next 10~20 years. With the test in such a big domestic market, the companies and their products will grow mature and be able to expand in the international market, following the path of our electronic companies like Huawei, Lenovo, and Xiaomi, etc. And there is another very important opportunity can even expedite this process which is the development of new energy cars. This could bring reshuffle to the car industries, and we are among the leading powers in these field. It will not be surprising if companies like BYD or other newly emerged car companies to reach the top 3 in sales in the near future.

Which (3-5) companies would emerge, if you would make a guess?

I would add BYD, GWM, Changan (or JAC), FAW, and GAC.

Oh, there is also BAIC.

 

[Kai Liu]

Which (3-5) companies would emerge, if you would make a guess?

I would add BYD, GWM, Changan (or JAC), FAW, and GAC.

Oh, there is also BAIC.

Should also add these two: Geely (currently ~2 million sales including Volvo) and SAIC ( currently >2.5 million sales including Wuling, Baojun, Roewe, MG, and Datong/LDV, etc)

 

[Adam WANG SHANGHAI MEGA]

Any guess for 2018?
30 million?

@Martian2 @TaiShang @cirr et al

i would say 30.5millions!

Should also add these two: Geely (currently ~2 million sales including Volvo) and SAIC ( currently >2.5 million sales including Wuling, Baojun, Roewe, MG, and Datong/LDV, etc)

three or four big chinese companies are enough too much brands would weak the RD power!

 

[Kai Liu]

i would say 30.5millions!


three or four big chinese companies are enough too much brands would weak the RD power!

Agree. Eventually there will be 3 or 4 big companies through merger and other ways.

 

[sinait]

China has way more vehicle per capita than Singapore or HK.

View attachment 450393

Why would you want to compare China with Singapore.
We discourage more vehicles on the road, Zero increase from next month.

https://www.bloomberg.com/news/arti...p-adding-cars-on-its-roads-from-february-2018
Singapore Will Stop Increasing Car Numbers From February 2018
.