Having Quadrupled in 3 Years-the Explosive Growth of SUV
In the Chinese passenger vehicle market of 2007, the SUV segment witnessed a significant growth in sales. With an annual sales volume of 350,000 units, the SUV saw an increase rate of 60% over the previous year. The Chinese SUV market represented by the Chinese brands of Chery Tiggo3, Great Wall Hover, and the Japanese brand of Honda CRV, South Korean brand of Hyundai Tucson, grew at a surprising speed, achieving a great leap forward by quadrupling its annual sales volume in 3 years from 2005 to 2007.
Among the 4 major SUV models, the sales volume of the Chery Tiggo3 increased from 5,164 units in 2005 to 50,980 units in 2007, ranking 1st by achieving a 10 times increase in 3 years, while the other Chinese brand, the Great Wall Hover ranking 2nd with an increase of 6 times. The Hyundai Tucson ranked 1st among the foreign brands SUVs with a 5 times increase from 9,007 units in 2005 to 44,729 units in 2007. And along with the warming up of the Chinese SUV market in 2007, the Honda CRV also obtained a 2-time increase within the 3 years.
Except the off-road Hover, the Tiggo3, the Tucson and the CRV all own strong characteristics of city vehicles. The features of these 3 city vehicles are mainly demonstrated by their compact structure, high fuel efficiency, top class equipment and convenient control, etc. In particular, in the aspects of fuel consumption and power, the city SUVs basically reserves strong power while attaching importance to fuel efficiency. Further, the Chery Tiggo3 unprecedented lowers its displacement below 2.0L, and accordingly, its fuel consumption is kept within 8L/100km.
