Changan is the Chinese manufacturer that has the highest growth in Q1 2014
- In the first quarter of 2014, Changan was the fourth largest vehicle seller (PC + LCV) in China with 670 000 units sold, including brands produced in JV (Ford, Suzuki, Mazda and DS). At the 4th place behind SAIC (940 000) DFM (820 000) and FAW (798 000). The carmaker BAIC (535 000) is ranked behind Changan.
- These manufacturers have all increased their sales volumes compared to the first quarter of 2013, and will represent nearly 64% of Chinese market in 2014. FAW is the manufacturer that has gained the most market share during this period, from 12% in Q1 2013 to 14% in Q1 2014 but Changan experienced the strongest growth among the five. With +22% Changan is experiencing an increase more important than FAW (+18.6%), SAIC (+13.5%), BAIC (+13%) and DFM (+12%).
- In the first quarter of 2014, the top 10 vehicles sold by Changan accounted for 64% of the carmaker's global sales. In the Top 10, 7 models are sold under its own brand and 3 models under the Ford brand. The Ford Focus being the manufacturer's best seller.
- Throughout the year, Changan has announced plans to sell 2.5 million vehicles through JV, including one million units of its own brand. This is the first time Changan would reach one million units with its own brand (822 000 units in 2013).
- If the growth rate of Changan is confirmed in 2014, the manufacturer will consolidate its leading position as an independent brand and its fourth place as a Chinese assembler behind SAIC, FAW and DFM.
