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the Economic Operation of Auto Industry issued recently by China Association of Automobile Manufacturers (CAAM) indicates that the production and marketing of the automotive industry are still facing a great challenge in the first half of this year, with production and sales of passenger cars reaching 9.978 million and 10.127 million respectively, dropped by 15.8% and 14% respectively from the same period last year. Amid such background, the market share of each car series also differs, with "some positive while others gloomy".
As the report of China Automotive Industry Association shows, in the first half of this year, the proportions of Chinese cars, American cars and French cars all decreased from a year earlier. The lost market shares were seized by German and Japanese cars, while Korean ones remained the same as that of last year.
Specifically speaking, the market shares of German cars and Japanese cars increased by 2.2% and 3.7% respectively in the first half of this year. The sales volume of Chinese passenger cars plunged from 43.4% to 39.5% in the same period of last year. The sales volume of American cars fell by 1.1% from last year; while the sales volume of French cars down to 0.7% from 1.7% in the same period of last year, representing a gloomy market in China.
The data indicates that many French brands had dismal sales in China in 2018. The total sales volume of several brands of new cars, such as DPCA, Changan PSA Automobile and Dongfeng Renault in China was only 307,000 cars, down by 32.6% compared with 455,600 cars in the same period of 2017. Among them, 253,000 new DPCA cars were sold in 2018, dropped by 33% from last year; the cumulative sales of Changan PSA Automobile in 2018 was 3,867 cars, down 33.9% from last year; the total sales volume of Dongfeng Renault last year was 50,100 cars, down 30.6% from last year. And the domestic market shares of French cars in 2018 fell to1.29%, the record low over past ten years. Nevertheless, French car makers have made quick strategic adjustments to respond the market. They have sped up the launch pace of new products, and diversified new energy and SUV products, hoping to save the huge Chinese market. (Text/Autohome , Cai Liyuan)