China Multi-purpose Vehicle (MPV) Market Size 2014-2017
Report Overview
China Multi-purpose Vehicle (MPV) Industry Report, 2014-2017 released by Sino Market Insight forecasts China-s MPV market will maintain a rapid growth rate in the coming years and the sales volume will reach 1.6 million units in 2017. In 2013, Chinese MPV market grew faster than the overall automobile market and the passenger car market. The MPV output soared 168.73% year on year to 1.32 million units and the MPV sales volume surged 164.53% YoY to 1.31 million units. From January to April of 2014, China-s MPV output and sales volume reached 651,000 units and 625,000 units separately, up 62.05% and 56.86% year on year respectively. In 2013-2014, Chinese MPV witnesses rapid growth, mainly because China Association of Automobile Manufacturers defines SAIC-GM-Wuling-s Wuling Hongguang as an MPV model instead of the previous cross-type passenger car model as well as low-cost MPV models are launched. By nationality, American MPV brands enjoyed 46.53% market share in China in 2013, 7.73 percentage points higher than Chinese counterparts and far higher than Japanese and European brands.
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Table Of Contents :
1. Industry?s Macro Environment
1.1 Decelerated Growth in Chinese Economy
1.2 A Drop in Growth Rate of Fixed Assets Investment
1.3 Remarkable Slowdown in Import and Export
1.4 Steady Increase of Social Consumption
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