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    China Business
     Feb 15, 2007
Mercedes-Benz sales in China up 64%

BEIJING - Sales of Mercedes-Benz brand vehicles on the Chinese market (including Hong Kong) surged 64% year-on-year to a record 2,700 units in January, according to Daimler Chrysler's Mercedes Car Group.

Klaus Maier, president of Mercedes-Benz China, said sales growth in China was led by sustained strong demand for the S-class models, positive market response to the sport-utility vehicles and the new generation of E-class models that just rolled off the assembly line in Beijing.

The president vowed to introduce more models to the Chinese



market to satisfy the different needs of Chinese customers. The company said the sale of its S-class models in China exceeded 1,100 units in January.

On the whole, the output and sales of motor vehicles in China both surpassed 700,000 units in January.

Although there was a slight decline last December, vehicle sales in the country are continuing to grow rapidly, according to the China Association of Automobile Manufacturers. Specifically, the country produced 761,900 units of vehicles in the month, a month-on-month rise of 12.6% and a year-on-year rise of 45.03%.

Sales in the month reached 717,100 units, a month-on-month drop of 5.47%, but a year-on-year rise of 34.27%.

China's domestic auto makers sold 414,500 cars in January, down 2.05% from the previous month, but up 39.05 % from the same month last year.

Chinese indigenous brands accounted for 30.57% of the sales, with 126,700 units sold last month. Japanese brands ranked second with a market share of 25.90%, while German and US brands followed with a combined share of over 30%.

In terms of vehicle type, the growth of the output and sales of passenger vehicles is still higher than that of commercial vehicles. The output of basic cars and cross-type passenger vehicles maintained steady growth.

Except for cross-type passenger vehicles, other kinds of passenger vehicles have witnessed declines in sales, especially MPVs.

Compared with last December, Guangzhou Auto, Harbin Hafei Auto and Brilliance Auto in January saw definite growth in sales, while others suffered declines.

(Asia Pulse/XIC)


Chinese auto industry profits rise 46% (Feb 8, '07)

 
 



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