18% Automotive sales jump in February 2014 !

Chinese car sales have jumped by 18% in the month of February, which has prompted an increase in hope for the Chinese auto industry. Global auto market analysts underestimated the amount of passenger car sales that China made last month and have continued to adjust their speculation for the remainder of the year in light of the market�s strength so far this year.

                Both the Toyota Motor Corporation and the Ford Motor Company saw wholesale deliveries of passenger vehicles increase in the Chinese market this year. 1.31 million units were delivered in the month of February alone; expert automobile industry analysts had estimated that the Chinese auto industry would need approximately 1.27 million units in February. The China Association of Automobile Manufacturers reports show not only an increased amount of cars being sold in China, but that a growing amount of foreign and domestic investments in the Chinese auto industry is serving to strengthen the domestic market all the more.

                In China the sale of every vehicle, from buses to trucks to sports utility vehicles and sedans, showed a marked improvement over recent years. Total vehicle sales were reported as being 18% higher than previous months with a total of 1.6 million units that were ultimately purchased by consumers. In January and February of 2014 alone the Chinese auto market saw an increase in vehicle deliveries jump 11% with a final delivery count of 3.75 million units.

                International brands like Toyota and Ford have continued to perform well in the Chinese auto market and familiar Japanese brands like Hondaand Nissanare also seeing resurgence in interest after a slight geopolitical dispute markedly slowed down auto deliveries from Japan; depressed sales of Japanese cars in China were another side effect. Toyota�s car sales increased by 43% and Honda saw a leap of 28% as well. Ford saw the biggest percentage increase in sales coming in at 67% with 73,040 units being shipped to China in February. General Motors reported an increase of 20% with its leading cars being the Wuling and Cadillac.

                China�s domestic car brands made up 38.4% of total sales in the month of February, reported the China Association of Automobile Manufacturers. In part because of the pollution problem that plagues China�s major cities, domestic and international investments have been funneled into research and development of domestic clean energy and fuel efficient cars. This market for cleaner technology in China�s automobiles is certain to continue growing in the coming years.

                The continued support of international investors and brands has obviously boosted the Chinese auto market; its domestic brands, while still relatively small, are also beginning to see more international recognition and market interest as well. The growth of domestic Chinese car brands like Amsia Motors to international markets is expected as new models and products are unveiled.

                The international investments and domestic Chinese auto growth spell out a bright future for China�s automobile market to continue increasing sales and profits. Here are a few sneak peeks of what they have in store!