Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (June Update)

Vehicle sales in China were 14.9% higher in June than one year ago. Passenger vehicle sales were 17.7% higher with continued support from the purchase tax reduction that began last October.  Year-over-year comparisons should remain strong in the third quarter and then weaken in the fourth quarter.  Commercial Vehicle sales, have been relatively weak.  New … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (June Update)

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (May Update)

Passenger Vehicle sales in China were 11.3% higher in May than one year ago.  Year over year comparisons should remain favorable in coming months due to the slowdown last summer.  The long-term outlook remains mildly positive due to the country’s low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China continued their rebound … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (May Update)

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (April Update)

Passenger Vehicle sales in China were 6.6% higher in April than one year ago.  Year over year comparisons should remain favorable in coming months due to the slowdown last summer.  The long-term outlook remains mildly positive due to the country’s low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China continued their rebound … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (April Update)

McKinsey Report: “Finding the fast lane: Emerging trends in China’s auto market”

McKinsey released a new report on the passenger vehicle market in China (LINK).  Key points: After years of double-digit growth, China’s auto market is slowing down. Car ownership loses some appeal due to rental options, leasing, co-owning, and e-hailing. Value takes priority for many buyers and used cars are becoming a more popular option Link … Continue reading McKinsey Report: “Finding the fast lane: Emerging trends in China’s auto market”

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (1Q16 Update)

Passenger Vehicle sales in China remain strong after the 50% reduction in the purchase tax on smaller vehicles at the end of September.  1Q16 sales were 6.8% higher than last year.  The long-term outlook remains mildly favorable due to the country’s low level of vehicle ownership and rising personal incomes. source: autoinfo.org.cn Commercial Vehicle sales in China in … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (1Q16 Update)

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (January Update)

Passenger Vehicle sales in China remain strong after the 50% reduction in the purchase tax on smaller vehicles at the end of September.  December sales were 18.3% higher than December 2014 and full year 2015 sales were +7.3%.  The long-term outlook remains mildly favorable due to the country’s low level of vehicle ownership and rising personal incomes. … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (January Update)