Which Cars Had 90 Percent Growth In China?
Spoiled market watchers were disappointed by China’s less than red-hot May numbers: Passenger vehicles grew just 23.2 percent, the whole market grew 26 percent. Now here’s a number worth waiting for (or to induce a heart attack, if you have green leanings:)
China’s SUV sales jumped in May 90.5 percent compared to May 2009. That according to data released by the China Association of Automobile Manufacturers (CAAM) via Gasgoo. All this year, SUV sales have been outpacing the Chinese market.
They are definitely not going out of style in the Middle Kingdom.
Top selling SUVs in China, January-May 2010:
Great Wall Hover 58,400 units
Honda CR-V 50,100 units
Toyota RAV4 40,000 units
Toyota Highlander 34,200 units
Hyundai Santa Fe 30,800 units
Those 5 account for 45 percent of China’s SUV market.
Bertel, just curious, is there in China a segment called crossovers? I remember in US a few years ago some SUVs going from one model year to the next, with minor changes like exterior color and chrome accents, were renamed crossovers just for marketing purposes, resulting in artificial segmentation changes.
It's not scaring me. I've got my hybrid. You V8 Crazies should be SH*TTING your pants. You'd better start wearing GREEN underwear, because if we don't go Wind, Solar, Thorium Nuclear there will be a Collapse. But, let's not prepare for it and INCONVENIENCE BP [ or Exxon ] or JP Morgan in having to actually Invest in the Future, instead of sucking as much profit out of the system till it FAILS.