Frbiz.com Reports February Sales Of Passenger Cars More Than Half Of Their Own Share Of Japanese Cars Fell

Data show that in February own-brand passenger cars were sold 477.4 thousand, accounting for 50.63% of total passenger cars sold In addition, affected by the recall, only the Japanese cars sold 186.2 thousand, accounting for slipped to 19.76 percent.
 China news agency quoted the Beijing News reported March 10 that China Association of Automobile Manufacturers yesterday released in February of foreign national automobile production and sales data, February auto production and sales have more than 1.2 million, and continued higher since 2009 growth. However, the vast majority of growth models into the emergence of two or more ring than the fall. In addition, Japanese cars affected by the recall a time when sales of own-brand passenger cars accounted for more than half.
 Statistics show that in February of the respective national automobile sales 1.2062 million and 1.2115 million, respectively, over the previous month decreased by 25% and 27% over the same period last year were up 49% and 46% respectively. The completion of production and sales of car models, most models of chain growth rate down, and drop into the above were two.
 Assistant secretary-general of steam, said Zhu Yiping, due to the impact of Chinese New Year holiday in January and the high base of automotive sales, automotive production and marketing chain drop is a normal phenomenon.
 "We still can determine vehicle production and sales situation continues to maintain a good development momentum, the ground of February auto production and sales more than 2009 Clear degrees average; reason for second vehicle production and sales in February compared with same period last year show high growth state, from January to February Cumulative production and sales respectively, compared with a year earlier, up 92% and 84%. "Zhu Yiping, analysts say.
 Zhu Yiping, said in February and below 1.6-liter passenger car market share increased. 2010, the first two months of such models continue to perform well in the passenger-car market share increased 2 percentage points to 72%. One 1.6-liter displacement and below the proportion of sedan cars accounted for 70%, one percentage point higher than last year.
 Small-displacement car market soared, the own brand market share increased gradually. Statistics show that in February, passenger car brands were sold 477.4 thousand, accounting for 50.63% of total passenger cars sold. Among them, own-brand vehicles were sold 202.2 thousand, accounting for 32.45% of total car sales, Japanese, German Department, the U.S. Department followed.
 In the Toyota, Honda, Suzuki and Nissan cars have recently diurnal frequency of depression, "recalls gate" incident, the statistics show that Japanese car market share in China, a decline compared with 2009. According to China's Automobile Association statistics, in 2009 Japanese-brand passenger cars in China, sold 2.1966 million, accounting for 21.26% of the total sales volume of passenger cars, while in February only Japanese cars sold 186.2 thousand, accounting for 19.76% down to . January-February of the accounting for 19.33%, lower than its own brand.
 Deputy Secretary-General of China Association of Automobile Manufacturers Xiong Chuan-lin that because China's independent brand vehicles in the future there will be growth, and thus Japanese cars is difficult to maintain the existing market share.