China independent brand auto have been the majority in china auto market. from 2001 to 2009, the distribution of China auto market have changed a lot, Japanese car took over the first place of European car, and market share of China independent brand increased step by step.
Before 2001, there were few joint-venture in China, and VW was the first famous brand entering into China, Santana was the best-sales model lasted almost ten years. Car from Europe accounted for 53% market share in that period.
After 2001, more and more foreign automakers paid more attention to China auto market, especially for those of Japan and Korea. owing to low price and fashion style, Japanese and Korean car won the warm welcome by Chinese customers, and Japanese car was up 16% from 2001 to 2008, Korean car was up to 9.2% by the end of 2009.
Thanks to the stimulus policy of China government, cars (less than 1.6L) fired in 2009, most of which were China independent brand. China independent brand auto accounted for 30% market share and ranked No.1 in China market.
Before 2001, there were few joint-venture in China, and VW was the first famous brand entering into China, Santana was the best-sales model lasted almost ten years. Car from Europe accounted for 53% market share in that period.
After 2001, more and more foreign automakers paid more attention to China auto market, especially for those of Japan and Korea. owing to low price and fashion style, Japanese and Korean car won the warm welcome by Chinese customers, and Japanese car was up 16% from 2001 to 2008, Korean car was up to 9.2% by the end of 2009.
Thanks to the stimulus policy of China government, cars (less than 1.6L) fired in 2009, most of which were China independent brand. China independent brand auto accounted for 30% market share and ranked No.1 in China market.