Probably, you may be thinking on why are we covering Chinese Car Sales for 2018? – The reasons are:
- To highlight the magnitude of car sales in China. The Top 2 OEMs sold more cars than all OEMs combined in India! However; if you notice China’s Top OEM SAIC_VW sold over 20 Lakh cars and was only 3 Lakhs more than India’s Biggest Carmaker (Maruti has sold 17,31,179 cars in 2018).
- If all SAIC Brand Collaborations are combined together (VW+GM+Wuling); SAIC as a group sold a whopping 53,90,980 cars!!! With SAIC entering the Indian market this year (in name of MG Motors) – It shall be interesting to see how the Chinese OEM grab a considerable pie here.
- VW is the dominant brand otherwise. Its tie-up with SAIC & FAW combined garnered a sale of over 41 Lakh units last year. Considering VW’s India sales, VW is doing negligilbe volumes in Indian market.