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JATO Dynamics: China’s smaller cities help boost new car sales in 2015; SUVs biggest growth drivers

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million in 2015, an 11% increase on 2014. Although new car sales growth for 2015 was still in the double digits, the rate declined for a second year in a row—dropping to 11% from 13% in 2014 and 16% in 2013. Just as in Europe and the USA, SUVs are the biggest driver of new sales.

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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

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The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s. BYD Company Ltd.

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Honda to unveil new China market SUV concept at Auto Shanghai

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a wholly-owned Honda subsidiary in China, plans to stage the world premiere of an all-new concept model as well as other new Honda models at Auto Shanghai 2015 (The 16th International Automobile & Manufacturing Technology Exhibition, press days: April 20-21, 2015, public days: April 22-29, 2015).

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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

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Under the agreement, the joint venture, GAC Fiat, will begin localized production of three new Jeep vehicles for the Chinese market, expanding the portfolio of Jeep sport-utility vehicles (SUV) currently available to Chinese consumers as imports. Production is expected to begin by late 2015.

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PwC: Chinese automotive market decelerating faster than anticipated

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While overall sales growth has been slowing and market share battles are becoming increasingly competitive in the Chinese car and minivan market, the SUV and multipurpose vehicles (MPV) segments show significant strength. growth in 2015, and a moderate compounded annual growth rate of 4.0% million and 1.2 million by 2021.

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China-based GAC to debut new SUV, hybrid crossover and EV at Detroit show; planning NA market entry in 2018

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At the North American International Auto Show (NAIAS) next week, China-based GAC Motor will unveil three new vehicles: a new SUV, a hybrid crossover concept car, and an elecric vehicle developed internally. GAC is the only Chinese automaker to exhibit at the 2017 NAIAS and is also the first Chinese automaker to present on the main show floor.

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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

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increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. The SUV boom continued, with seven of the eight regions analyzed posting double digit growth. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11

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