April 5, 2011
The following are 15 facts regarding China's SUV market. You can learn more about this growing market by attending the SEMA China International Auto Parts Expo (CIAPE) China Business Development Conference in Beijing, September 7–10, 2011.
It’s hard to miss news about the fast growth of China’s
passenger-vehicle market. Sales rose by 37% in 2010 to 11.9 million
units, according to J.D. Power and Associates. In the United States,
sales of light vehicles rose by 11% to 11.6 million units.
Bushwacker Inc. and SCT Performance are among those SEMA-member brands being actively promoted in China. SEMA China eNews—a
Chinese-language monthly SEMA publication being distributed to
thousands of distributors and retailers thoughout China—will feature
these two SEMA manufacturers as well as others interested in selling to
the largest automotive market in the world.
The Classic Vehicle Union of China (CVUC) has about 800 classic cars
among its 400 members, but that is bound to grow, figures CVUC
president Yang Li. There are up to 10,000 classic cars in China, he
told SEMA.
Taking place in Beijing, September 7–10, SEMA manufacturers will
participate in one-on-one meetings with qualified Chinese buyers through the SEMA CIAPE China Business Development Conference. More
information is available at www.sema.org/china or by contacting Linda Spencer: lindas@sema.org.
SEMA has created a unique program to assist members in exploring their
products’ sales potential in China at the upcoming SEMA China CIAPE China Business Development Conference, September 7–10, in Beijing.
Vehicle sales in China are growing across the board, but the luxury and
SUV segments are increasing at the fastest rate, propelled by rising
incomes and a wave of second-car buyers with a desire for something
more upscale. That’s just one trend that bodes well for SEMA members
eyeing the China market for future sales.
Sell your products in China, the world’s largest emerging automotive
market. Meet one-on-one with top buyers in the Chinese market.
Car ownership in China is growing, and just like auto enthusiasts
everywhere, Chinese drivers like to make their cars stand out. From
expensive sports cars to off-road warriors, customization is
increasingly popular among a wide segment of consumers in China.