Vehicle sales in China rose nearly 50% in the first half of this year, with General Motors leading, industry data showed on Monday.
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The data from the China Association of Automobile Manufacturers came a few days after Ford said its H1 sales more than doubled to 74,395 vehicles and showed total sales in the first half at 1.8m units, up 46.9% from the same period of 2005, according to The Associated Press (AP).
Shanghai GM, General Motors’ joint venture with state-owned Shanghai Automotive Industrial Corp (SAIC), nudged aside former market leader FAW Volkswagen, the official Xinhua News Agency reported.
Recent data have shown a continued revival in sales following a slump in early 2004. Vehicle sales rose 21% in 2005, up from 15% in 2004.
AP noted the report gave no sales figures for individual automakers. However, GM earlier reported that its sales at Shanghai GM had jumped 49% year-on-year in the first half to 201,901, helped by the popularity of its best-selling sedan, the Excelle.
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By GlobalDataNext was Shanghai Volkswagen, the German firm’s JV with SAIC, the Xinhua report said, followed by FAW Volkswagen, Chery Automobile, Beijing Hyundai Motor, Tianjin FAW Toyota Automobile, Tianjin-FAW Xiali Automobile, Geely Automobile, Guangzhou Honda Automobile and Dongfeng Peugeot Citroen Automobile, the reports said.
The top 10 car makers accounted for 1.27m units, or about 70% of total sales, they said.
Citing earlier released data, AP said GM and its joint ventures sold 453,832 vehicles in China in the January-June period, up 47% from first-half 2005, Volkswagen sales up 30% in the first half, to 345,375 vehicles and Honda’s China unit said on Monday that its sales rose 22% in the first half of this year to 143,519 units, from 117,751 units in January-June 2005.
Guangzhou Honda, a joint venture with Denway Motors, sold 123,512 cars in the first half, up 16% over a year earlier, the Japanese automaker told AP.
Honda’s sales through its joint venture with Dongfeng Motor Group rose 73% to 20,007, the company said, according to the report.
