Volkswagen led China’s vehicle market in 2013, with General Motors taking second place.
Last year, the Volkswagen brand led the market with sales rising by 16% to a record 3.27m vehicles, overtaking GM which reported growth of around 11% to 3.16m units.
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Nissan Motor reported sales a 17% increase in sales to 1.27m units, followed by Hyundai with a 20% rise to just over 1m units. Ford said its sales increased by 49% to 936,000 units; Toyota 918,000 (+9.2%); and Honda 757,000 (+26%).
New vehicle sales in China rose by 13.9% 21,984,100 in 2013, from 19,306,400 units in the previous year, according to data released last week by the China Association of Automobile Manufacturers (CAAM).
Sales of passenger vehicles, including passenger cars, MPV and SUVs, increased by 15.7% to 17,928,900 units last year, from 15,495,200 units in 2012 – reflecting strong replacement demand. Commercial vehicle sales, however, increased by just 6.4% to 4,055,200 units, from 3,811,200 units previously.
The industry is optimistic that the market will continue to grow this year, with forecasts averaging around 8-10% to 24-25m units. Strong economic growth in the interior provinces and rising replacement demand in the more developed eastern provinces is seen to offset efforts by some municipalities to restrict sales because of congestion and air pollution.
