What you need to know
In this Report, Mintel summarises the big picture of the current new passenger car market in China and outlines the reasons for change.
This Report also covers changes in China’s new passenger car market sales from October to November 2020 in terms of car models, brands, pricing and energy types. It also analyses the latest policies, public emergencies and their impact on the market and looks at the most up-to-date marketing news and technology innovations by auto brands worldwide.
The professional opinions in the Report are from interviews with the Managing Director at Yongda Second-hand Car Chain Dealer, involving the views and forecasts of the overall passenger car market in China and the analysis of the strengths and weaknesses of the operation models of various categories in the current market.
Covered in this Report
The cars in this Report are defined as passenger cars for personal use.
They are divided into basic passenger cars, sport utility vehicles, multipurpose vehicles and cross-type passenger cars.
Basic passenger cars (saloon cars): used for the transportation of personnel and luggage; the driver is usually the central focus, with an emphasis on driving and riding comfort. Sedans generally come in two-box configuration (hatchback) and three-box configuration (sedan).
SUV: combines the comfort of a saloon car with off-road capability, functional versatility and a two-box configuration (hatchback).
MPV: combines the comfort of the saloon car, the space of a tourer and can be used to transport goods like a van. MPVs usually come in a two-box configuration. They are targeted mainly at household users, and the majority are manufactured on passenger car platforms.
Cross-type passenger vehicles: also known as minibuses. This type of vehicle can be used to transport people and goods, thus known as cross-type and usually comes in a car body configuration with one-box design.
In terms of power source, new energy cars are cars with an unconventional power source such as electric power, or cars with more than one major power source such as an internal combustion engine and an electric engine.
