Product Synopsis
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.
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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.
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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2 Definition and
Classification of Chinese MPV
2.1
Definition and Classification
2.2
Industry Policy
2.2.1
Automobile Consumption Tax Rate
2.2.2
Defective Automotive Product Recall Management Regulations
2.2.3
Accounting Methods for Average Fuel Consumption of Passenger Car Enterprises
2.2.4
Standards on Mandatory Retirement of Motor Vehicles
2.2.5
Policies Encouraging New Energy and 1.6L (or less) Passenger Cars
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3 Chinese Passenger
Car Market
3.1
The Growth Rate of Passenger Car Output and Sales Volume will Shrink to 9%
3.2
The Output and Sales Volume of Passenger Cars will Account for 83%
3.3
Passenger Car Market Segments
3.3.1
The Market Share of Basic Passenger Cars will by Degrees Decline
3.3.2
SUV
3.3.3
MPV
3.3.4
Cross-type Passenger Car
4 MPV Market
4.1
The Growth Rate of MPV Output and Sales Volume Broke 160%, 2013
4.2
Competition Pattern
4.3
Competitive Characteristics
4.3.1
The Sales Volume of MPV under American Brands Soars
4.3.2
SAIC-GM-Wuling Ranks First by Sales Volume
4.3.3
Wuling Hongguang is the Best Selling Model
4.3.4
Buick GL8 Leads the High-end Commercial MPV Market
4.4
Powertrain Supporting
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