Chinese Car Makers Struggle to Lure
Buyers
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Chinese brands
are struggling to win Chinese consumers, a trend that appears to have
accelerated in the first quarter. Geely's Hong Kong-listed unit reported sales
of 89,607 vehicles, down about 37%. Warren Buffett-backed BYD Co. sold 103,500
cars in China in the first quarter, a drop of about 28% from the same period the
previous year. Chery Automobile Co. reported a 25% fall to 109,000 vehicles.
With growth slowing, and foreign manufacturers gaining share, many of China's
auto industry players could face extinction.
中国汽车厂商难获国内购车者青睐
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中国品牌难以赢得中国消费者的芳心,这个趋势似乎在第一季度有所加快。吉利在香港上市的子公司宣布一季度销量为89607辆,下滑约37%。巴菲特(Warren
Buffett)投资的比亚迪(BYD Co.)一季度在中国销量为103500辆,同比下降约28%。奇瑞汽车有限公司(Chery Automobile
Co.)宣布一季度销量下滑25%,至109000辆。随着增长放缓以及外国生产商市场份额扩大,许多中国本土汽车厂商可能面临绝境。