Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Environment & Energy

Showing Original Post only (View all)

hatrack

(64,846 posts)
Tue Apr 23, 2013, 08:32 AM Apr 2013

Aaaaaaaaand Here We Go: China's Auto Market Shifting To SUVs, Other Larger Models [View all]

EDIT

Sedans were also bigger than at previous Chinese auto shows. Ford promoted its Lincoln brand, which it is bringing to China. Many manufacturers gave prominence to luxury cars, a nod to the rising affluence in China of the upper middle class and the wealthy.

“Our focus is on luxury vehicles and S.U.V.’s going forward,” said Bob Socia, president of G.M. China, which has been neck-and-neck for years with Volkswagen as the Chinese market leader.

“Not long ago, both were considered niche segments,” he said. “Both are now mainstream and growing rapidly.”

S.U.V. sales jumped 49 percent in March from a year ago as new models poured into the market. Overall auto sales in China climbed 13 percent in March and are on track for almost 21 million vehicles sold this year. By comparison, the latest forecasts in the United States this year are for a little more than 15 million vehicles. Both totals include sales of pickup trucks and other light commercial vehicles.

EDIT

http://www.nytimes.com/2013/04/22/automobiles/autoshow/chinese-auto-market-shifts-toward-larger-cars.html?_r=1&

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
sigh DonCoquixote Apr 2013 #1
Uh oh. DavidDvorkin Apr 2013 #2
Rushing to get them in under the wire cprise Apr 2013 #3
Latest Discussions»Issue Forums»Environment & Energy»Aaaaaaaaand Here We Go: ...»Reply #0