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Leading automakers in the 90,000 RMB to 120,000 RMB bracket |
| Author : Date : 11/15/2017 8:55:11 PM |
Both Volkswagen and Great Wall Haval have focused their sights on the profitable economy class segment in China, priced between 90,000 RMB and 120,000 RMB. Competition between the two manufacturers was especially fierce in October of this year, with VW adding revisions of the Bora, Sagitar, C-Trek and Touran L to its catalogue, while Great Wall Haval added the H7L Hongbiao, H2 and H6 Sport Edition, among others. VW’s share in the 90,000 RMB-120,000 RMB market slipped from 19.85% in September to 16.53% in October, while Great Wall Haval’s grew 6.91% to 9.44% over the same period of time. |
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