Competition in self-owned brands changes greatly this year. The former leader Changan Auto is gradually surpassed by Geely Auto and GWM, while fierce competition takes place between SAIC passenger vehicles and GAC passenger vehicles. Chery and BYD, the once competitors of Geely Auto, now fall into the third echelon. Analysis on sales volume of self-owned brands shows that companies focusing on self-independent research and technological storage are welcomed by the market and that competition between self-owned brands is rising to an unprecedented degree.
In spite of the slow growth, domestic auto market still supports several auto brands’ developments on the basis of the large market volume.
The following brands SAIC passenger vehicle and GAC Trumpchi all show large growths this year, while other traditional brands including Chery, BYD, JAC and BAIC all show sales slumps in September.
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