According to Japanese media reports, British investigate company LMC Automotive indicated that the market shares of Japanese cars in China ware 19% in 2012, down 4% compared to 2011. The market shares of Japanese cars hit the peak in 2008, occupied two-thirds of Chinese market. This I is the first time to decline 20% since 2002.
Sorted by the countries and regions of the manufacturers, the market shares of European manufacturers were 27%, up 2% year on year; American manufacturers were 14%, with a rise of 1% year on year; and South Korean manufacturers were 10%, an increase of 1% year on year. They rapped the market shares from Japanese manufacturers. Chinese brand cars which prices were lower, had no competitive relationship with Japanese cars, so their market shares were 30%, as the same of the previous year.
Sorted by the brands, the market shares of Toyota, Nissan and Honda were 6%, 5.9% and 4.5% respectively, which all declined. Especially Toyota and Honda, they declined 60% compared to the peak of 2008. At the same time, the market shares of Volkswagen of Germany, ranked the first, were 19.5%; next by American General Motor, its market shares were 10.0%; the third place was South Korea's Hyundai which market shares were 9.9%. All of their market shares increased.
