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Changan dominates Chinese domestic market
Things are looking up for the recovering Chinese auto industry. The China Association of Automobile Manufacturers (CAAM) projects vehicle sales “to rise by around 4% to 26.3 million vehicles in 2021, thanks to supportive government policies.”
Greatly contributing to this winning performance are the fiercely competitive domestic brands like Changan Automobile, counted among China’s Top 4 auto giants, which started the year strongly as the country’s No. 1 selling domestic brand. Changan notably closed 2020 with over 1.5 million units sold.
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In February 2021, sales volume of the Changan brand passenger vehicles alone totaled 103,894 units (YOY), up by a whopping 621% from the same period last year. Volume drivers include the members of the Changan “Blue Core Champion Family”: the CS75 Plus 5-seat SUV, highly acclaimed for its game-changing fusion of style and tech; continues to exceed 30,000 units’ month-on-month and the best-selling “interactive and social” CS35 Plus subcompact SUV ended February with 7,023 unit sales.
Known the world over for their futureforward tech features that bring safety, ease, and oomph to the daily drive, Changan’s Top 5 best-selling vehicles, the Alsvin subcompact sedan, the CS35 Plus, The CS75 Plus, the CS95 full-sized SUV, and the Eado EV460 finally hit Philippine shores last November 2020, courtesy of exclusive distributor Changan Motor Philippines, Inc. (CMPI).
“Seeing how the CS35 Plus and CS75 Plus are performing in our neighboring markets, we are optimistic that our top 5 models will generate the same interest and demand on our shores, and so set the industry on the course to recovery,” said CMPI President and CEO Ma. Fe Perez-Agudo.
Learn more about Changan’s full lineup of vehicles and the Changan Vital 5 After Sales programs. Visit www. changanphil.com or @ ChanganPhil on Facebook or drop by the Changan dealership nearest you.
CAMPI expresses concern on negative impact of Safeguard Tariff
Ajoint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) shows a 12.2% improvement with total sales of 26,230 units in February compared with 23,380 units in January.
CAMPI President Atty Rommel Gutierrez welcomed the industry’s double-digit recovery driven by positive growths across all categories. It is noteworthy that the AUV category grew by nearly 30% while the Light Trucks category posted 23.4% growth. Both categories of heavy-duty trucks and buses have recorded double-digit growth of 19% and 39%, respectively.
“CAMPI expresses concerns on the imposition of safeguard measures. While the industry sees early signs of recovery, the provisional import duties, more so if it becomes definitive, will derail any recovery efforts of the automotive industry. Rather than restricting imports, a better incentive scheme must be crafted to attract investments for local production of motor vehicles”, CAMPI President Atty. Rommel R. Gutierrez said.
Year-to-date sales reached 49,610 units, equivalent to a 7.3% decline versus the same period a year ago.