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China wholesales April 2020: Market up 0.9%, first year-on-year gain since June 2018 as post-virus recovery is confirmed

New car sales in China have already debuted their post-virus recovery. This is a preliminary update, complete data will be published when available. After we already reported on signs of recovery with retail sales up 14% year--year over the April 7-12 week, the China Association of Automobile Manufacturers (CAAM) announced today…

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China wholesales February 2020: Focus on anti-bacterial tech helps Geely (#1 above Volkswagen), Chery (-37.2%), Jetour (-47.2%) in market down -79.1%

The Coronavirus outbreak has brought the Chinese market to its knees. In line with our expectations earlier in the month, as a result of the country effectively shutting down in February, wholesales of China-made light vehicles drop -79.1% year-on-year this month to 310.000 units. Passenger Vehicles are down -81.7% to…

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China wholesales November 2019: Volkswagen (+12.7%) places 5 models in Top 10, Jetta hits 40.000 sales in 3 months in 17th straight market decline (-3.6%)

The VW Tayron hits a 6th consecutive all-time record volume in November. New China wholesales endure an excruciating 17th straight month of year-on-year decline but for the 2nd month in a row the dip is the smallest since the market started falling in July 2018 at just -3.6% to 2.457.000 units. This means…

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China wholesales September 2019: New Jetta brand lands with a bang, EV bubble bursts (-33%) in 15th straight market drop (-5.2%)

VW's new Jetta low-cost brand has now officially landed in China. Chinese wholesales endure a ghastly 15th consecutive month of year-on-year fall in September but, somewhat encouragingly, a third straight single-digit drop at -5.2% to 2.271.000 units for the month. This is split into 1.931.000 passenger cars (-6.3%) and 340.000…

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