Top Ten Selling Cars In China - Presentation Transcript
1 - BUICK EXCELLE
Sold exclusively in China, the Buick Excelle is based on a
design from GM's South Korean subsidiary, GM Daewoo
Auto & Technology. GM's strong performance in China,
paced by Buick, is one of the few bright spots for the
bankrupt U.S. carmaker. (Current No. 1 in the U.S.: the
Ford F-Series pickup truck.)
2 - NEW HYUNDAI ELANTRA
Hyundai has been gobbling up market share with a Chinese
version of its popular Elantra sedan. Introduced last year
by Beijing Hyundai Motor, the South Korean carmaker's
Chinese joint venture, the China-only model features front
and rear bodywork that gives it a more angular look than
Elantras sold elsewhere. (U.S. No. 2: Toyota Camry.)
3 - VOLKSWAGEN JETTA
Volkswagen's first joint venture in China — Shanghai
Volkswagen Automotive — was established in 1984, and
the old VW Jetta has been one of the most popular cars in
China ever since, making Volkswagen China's oldest and
most successful foreign automaker. Jettas are pervasive in
big cities, in use as personal cars, taxis and military and
police vehicles. Sales are still going strong for a car
designed some 25 years ago. (U.S. No. 3: Chevy Silverado.)
4 - BYD F3
Shenzhen-based BYD Auto, a subsidiary of a Chinese
company that makes cell-phone batteries, has been around
only since 2003, but its F3 sedan, which is powered by an
engine made by Japan's Mitsubishi and sells for about
$13,000, has been a big hit. In December, BYD began
selling the world's first mass-produced plug-in hybrid
vehicle, the BYD F3DM. (U.S. No. 4: Honda Accord.)
5 - VOLKSWAGEN SANTANA
Like the Jetta, the Santana is a well-traveled design that
still appeals to Chinese. The Santana flopped when it
debuted in Germany in 1981 and was sold for a while in
the U.S. as the Quantum. The first Santana rolled off the
Shanghai Volkswagen Automotive production line in 1983.
Word is, the car will finally be retired in 2012. (U.S. No. 5:
Honda Civic.)
6 - OLD HYUNDAI ELANTRA
In China, the launch of a new model doesn't necessarily
doom its predecessor to the junkyard. After the debut of a
China-only Elantra last year, the Beijing Hyundai Motor
joint venture kept on cranking out the older version,
principally to sell on the cheap to taxi-fleet operators.
(U.S. No. 6: Toyota Corolla.)
7 - CHERY QQ
GM sued China's Chery Automotive Group over the QQ,
alleging the little "city car" was a thinly disguised clone of
its Chevy Spark. The case was settled out of court, and the
QQ went on to outsell the Spark in China by a wide
margin, probably because the bare-bones QQ sells for
around $7,000. Small cars have been selling well in China
this year as a result of government subsidies and tax
breaks put in place to encourage the sale of fuel-efficient
vehicles during the economic slowdown. (U.S. No. 7: Ford
Fusion.)
8 - XIA LI
Tianjin FAW Xiali Automobile launched China's first
economy-car brand, Xia Li, in the 1980s. Today, it's
estimated that 1 out of every 11 sedans on Chinese roads
is a Xia Li (literal translation: summer profit). Top-selling
Xia Li models in years past were based on old designs from
Japan's Daihatsu Motors. Later models have been based on
Toyotas. (U.S. No. 8: Nissan Altima.)
9 - HONDA ACCORD
What has been a top-selling Japanese car in the U.S. for
nearly 20 years is now among the best-selling cars in
China, even though its price, in excess of $20,000, makes
it an "executive" car on the mainland. Honda started
building the midsized sedan at a factory in southern China
in 1999. (U.S. No. 9: Ford Escape.)
10 - TOYOTA CAMRY
Toyota is a relative newcomer to China. A Chinese version
of the Camry, a perennial leader in the U.S., debuted in
2006, and it's now among the best-selling mid-to-high-end
cars. But Toyota's overall sales on the mainland have
slumped this year because the company lacks a stable of
smaller, more affordable vehicles. (U.S. No. 10: Chevy
Impala.)
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