After a chaotic two years, China’s auto market is showing signs of bottoming out after a 24 months decline.
The past two years have not been kind on the China’s auto market. The is showing signs of bottoming out after a second consecutive yearly drop in sales last year.
The overall sales of passenger vehicles such as minivans, sedans, sport utility vehicles, and other multipurpose vehicles had a sales drop of 7.4% in 2019, with a total count of 20.7 million. These stats were provided by a trade organization, China Passenger Car Association (CPCA). According to the organization, China’s auto market, clocked its first annual decline in the last decade, with a 5.8% decline.
Passenger car sales dropped by 3.4% year-on-year by the end of 2019, causing an 18th monthly in a drop in the last 19 months. But the first four months of 2020 were a bit favorable in the market.
Cui Dongshu, CPCA’s secretary-general, said they expect the market will cave in soon, and hit rock bottom. Cui insists sales will continue to drop off about 15 from 12 months earlier. But overall, the organization expects a 1% rebound for the entire market.
Automakers’ performance parts has also taken a hit. The harsh realities of this year were foretold by the poor numbers of 2019. Overall sales in China for General Motors co, fell by 15% last year. SAIC Motor Corp, a leading domestic manufacturer in China, also recorded an 11.5% sales fall.
On the other hand, German and Japanese brands have had a good year, with a 2% increase in market shares. The China Passenger Car Association mentioned that Honda Moto Co, and Toyota Motor Co, had a 9% China sales increase in 2019.
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The Levorg STI Prototype Defies The Odds
The world has been in need of a high performing Subaru wagon, and it seems the Levorg STI Prototype is the answer we’ve been looking for. Although there is no date on when it will enter the U.S market, many believe the prototype will change the face of driving, as we know.
The reveal of Subaru’s next-gen Levorg STI, left many people impressed. The Impreza-based high-performance wagon comes with updated looks and a different array of new techs.
Visually, the car comes with interesting updates similar to the normal Levorg prototype released last year. However, this year’s model comes with a more molded body as well as a new sharper fascia. Mind you, the Levorg is an Impreza wagon, which means the design will also appear on the normal WRX and WRX STI models.
Although Subaru didn’t reveal much in terms of the drivetrain powers of the prototype, we can expect it to be more powerful than the 296-horsepower turbocharged flat-four seen in the old Levorg STI Sport.
However, we do know that the Levorg STI Prototype will have electronic dampers; this will be the first time a Subaru vehicle will be using such technology. In addition, the prototype will come with a drive mode select system that has the ability to alter steering and suspension. There is also an all-wheel-drive feature on the fly for maximum cruise control.
From video performance, first looks, and pictures, the Levorg STI Prototype is rearing to go. Expect this fabulous piece of engineering to hit the showrooms anytime from now. Again, nobody knows if it will be coming to the U.S, but fingers crossed, it will make a grand entrance into the states. However, the fact that Americans are not receptive to wagons means the Levorg STI might never make its way to the state.
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