Sales Analysis of Domestic SUV Market in October 2017: Geely Automobile ranked second

According to the data compiled by Gasgoo Automotive Research Institute, in October 2017, the passenger car market increased by 0.2 percentage points year-on-year, and SUV market sales increased by 12.0 percentage points year-on-year to 1,023,672 vehicles. At the same time, sales in the passenger vehicle market accounted for the largest proportion. 44.2%, a year-on-year increase of 4.6 percentage points.

Korean brand is still not optimistic

According to the distribution department, the share of self-owned brands in the SUV sector slightly increased from last month. Its market share in October reached 61.6%, and 631,072 new cars were sold, up 10.2% from the same period of last year. Geely, Baojun, Roewe, etc. maintained higher growth. In addition, Huatai Motors and FAW Pentium series SUVs have seen significant growth. Japanese brand SUV market sales increased year-on-year. In October, it sold 150,549 new vehicles, which was a year-on-year increase of 27.7%, a slight decrease from the previous period. The Ashkenazi brand SUVs further expanded. October sales increased 52.7 percentage points year-on-year to 97,178 units, a slight decrease from the previous quarter; The decline in the US-based brand in October narrowed, with a total of 63,878 new cars sold, a year-on-year decline of 11.9 percentage points.

Sales of Korean SUVs in October decreased by 36.5% year-on-year, and 31,319 new cars were sold, representing a year-on-year decrease of 12.3%. Beijing Hyundai SUV dropped by 14.7% year-on-year, and Dongfeng Yueda Kia SUV dropped by 66.8% year-on-year. The French brand SUV lost an increase to Germany this month. It sold 25,717 new cars, an increase of 52.4% year-on-year, of which the Peugeot brand increased by 83.5% year-on-year. On the whole, with the exception of Korean brands showing a larger decline, all other factions have developed well.

SUV growth at all levels

From the perspective of market segments, the market share of compact SUVs continued to rise to 56.4%, and its sales volume in October increased by 9.7% year-on-year to 577,499 units, an increase. Sales volume of small SUVs continued to increase, with an increase of 4.4% in October and sales of 225,743 units. While the growth of medium-sized SUVs narrowed, their sales in October reached 183,268 units, up 9.8% year-on-year, a slight decrease from the previous quarter.

The growth of medium and large SUVs continued to expand. In October, sales volume reached 37,162 units, an increase of 704.7% year-on-year. Overall, SUVs at all levels have grown year-on-year and are in a good position.

Geely Automobile ranked second

The top ten SUV companies in October 2017 were Great Wall Motors, Geely Automobile, Changan Automobile, SAIC-GM-Wuling, SAIC-VW, Dongfeng Nissan, GAC Chuanqi, SAIC Passenger Vehicle, SAIC-GM and Dongfeng Honda. Great Wall Motor Co., Ltd. will sit in SUV sales for the first time in a certain period, and Changan Automobile will be ranked third in Geely's car reversal, and Geely Automobile will be ranked second with a slight advantage. In October, SAIC General Motors Co., Ltd. saw a decline in the number of car makers in the same period last year and further expanded. SAIC Motor has the highest increase.

In the sales of Great Wall Motor SUVs in October, the major models of the Haval brand have generally declined, and the WEY brand models have monthly sales of more than 8,000, with good momentum. Geely's all-segment SUV models continued to grow year-on-year, with a cumulative year-on-year increase of 200.4% from January to October.

The sales of Changan Automobile's October SUV increased. The CS55 sold a total of 14,565 new vehicles this month and is becoming a new growth point for the Changan brand. SAIC-GM-Wuling Baojun sold more than 45,000 vehicles in May, and Baojun 560 decreased 70.5% year-on-year. SAIC-Volkswagen SUV sales in October increased by 119.2% year-on-year, thanks to the relatively large proportion of new models. Dongfeng Nissan Co., Ltd. came in strong momentum. In October, it sold 10,392 Wandas and became another giant SUV. Guangzhou Automobile Chuanqi SUV fell to the 7th place in the list, with the exception of Chuanqi GS8 (10006 units). The rest of the models were slightly down.

SAIC Motor’s passenger car ranks again this month. The Roewe RX5 still maintains a monthly sales of 20,000. The new RX3 model was flat this month, with 1546 units sold, pending further observation. SAIC GM Chevrolet SUVs only sold 6005 new vehicles. The Cadillac brand XT5 increased 53.7% year-on-year, while the remaining models continued to decline. Dongfeng Honda Motor Co. sold 29,846 new SUVs in October, of which CR-V was up 85.3% year-on-year, and XR-V was down 47.7% year-on-year.

Scenery 580 enters the top ten

From a vehicle perspective, the top ten SUVs sold in October were Haval H6, Baojun 510, Tiguan, Bo Yue, Changan CS75, Chuanqi GS4, Roewe RX5, Encore, Qijun, and 580. The month did not change, Geely Bo Yue ranks up, scenery 580 enters the list.

The decline of Haval H6 this month has narrowed, with sales of 49,015 vehicles in October, down 13.5% year-on-year. The sales volume of Baojun 510 rose steadily this month. A total of 45,047 new cars were sold, but there were thousands of cars with the Hover H6. Tiguan, with its new and old two-generation models sold on the same platform, sold 37,971 new cars in October for the third time. Geely Boyue’s sales in October exceeded the 30,000 mark, the most significant increase in the top ten models, up 79.6%. Changan CS75 ranked fifth this month, but it increased by 7.1% year-on-year compared to Geely Boyl.

Among the top five models, the Chuanqi GS4 had a 26.3% year-on-year drop, and sold 25,227 new vehicles. The products needed to be updated. It is worth mentioning that the scenery 580 this month sales into the top ten SUV, with the appearance of the golden mean and the addition of new models, sales in October nearly 20,000 (19771), the joint venture SUV in the top ten list again Challenged.