August 2010 micro-market: hippocampus, Chery fastest growth

The sales volume of micro-providers in China increased by 79.7% last year (in terms of wholesale sales released by the CUCH, the same below), which only increased by 30.48% from January to August this year, of which the growth rate of sales in July has dropped to 2.1% in August. The growth rate is only 4.55%.

The sales volume of micro-providers in China increased by 79.7% last year (in terms of wholesale sales released by the CUCH, the same below), which only increased by 30.48% from January to August this year, of which the growth rate of sales in July has dropped to 2.1% in August. The growth rate is only 4.55%.

In this case, the sales performance of various micro-enterprises also has its own merits. Judging from the sales volume of 11 micro-credit companies counted by the Federation of Travelers and Delegates:

1. SAIC GM Wuling and Changan micro-car sales still dominate. The share of the two countries in the micro-host market in January-August was still as high as 76.4%, but it was already two percentage points lower than the 78.4% recorded in the same period of last year.

2. The fastest growing micro-businesses in January-August were Haima, Chery and Gonow, with growth rates of 856.44%, 707.37% and 399.57%, respectively. These three companies are all rising stars in China's micro-bus market. Most of the micro-passenger models have entered the market since 2009. For example, Xingwang of Gonow Automotive was listed in January 2009, and ViewSonic, Youyou and Yusheng of Chery's Kairui brand were listed in March 2009, September 2009 and March 2010, respectively. It was listed in March 2009.

Although new models are listed to promote the growth of these rookies, their sales are still generally low. The sales volume of Haima and Chery’s micro-hosts from January to August is still lower than that of SAIC-GM-Wuling, Chang’an, Dongfeng, Hafei and Changhe. Gio Motors ranks third in the bottom line of companies in the Federation’s statistics.

However, in August, the sales volume of Chery and Haima’s micro-customers exceeded Hafei and Changhe. During the month when the overall market growth slowed down, Chery and Haima still grew by 264.95% and 55.29% respectively.

3. Dongfeng Xiaokang and FAW Jilin's micro-customer sales increased by 28.74% and 24.71% in January-August, respectively, which was lower than the average. However, in August, when the overall market growth rate fell to 4.55%, Dongfeng Xiaokang’s sales still increased by 60.33%, the second fastest rate after Chery, and FAW Jilin also achieved a high growth rate of 43.50%.