Himfr.com Discusses Popular SUV Trends

BEIJING, May 14, 2009 Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, discusses popular SUV trends.

SUVs provide a popular market which is entering a new period of expansion with a new round of competition.

It is expected that, in 2009, SUV sales volume will increase higher than the passenger vehicle. With the lowest forecasted value being 10 percent and the maximum forecast value close to 15 percent. 2.0L products and below will exceed total SUV sales with more than half of the market share; 2.0-2.5L sales will account for 40 percent; 2.5L and above will account for no more than 10 percent.

Himfr.com has done an SUV survey that basically reflects the intentions of potential consumers. First, when asked "whether to buy SUV models," more than 90 percent of survey respondents/consumers want to buy. Only less than ten percent of respondents said that they "will not" or are "uncertain." Second, when asked what led to the rapid growth of the SUV market, the main reasons were: 58.3 percent of consumers consider it caused by "personalized consumer group demand"; another 22.7 percent of consumers think the security of an SUV is higher than any other car.

It is reported that SUVs account for 20 percent of the United States' auto market; however, growth rate and market share has gradually declined in recent years, and the large displacement of SUVs has rapidly transferred to the Chinese market. Despite high tariffs and restrictions on purchase tax, Chinese officials and the rich still want to purchase SUVs. High-grade imported luxury SUVs also continue to be the future and strong growth point of market.

At this stage, with SUV models showing irreplaceable versatility, driving comfort, leisure and other characteristics, they meet a wide range of consumer demand. The SUV shape differs from cars. It has full personality and has become the first choice for those 25-40 years old. At the same time, with fuel economy, cost-effective new models launched, and more and more Chinese consumers generally favoring the SUV, China's auto market is due to see a more rapid rate of SUV growth.

The future development trend of SUV products will be the Crossover SUV, taking the traditional luxury car and combining it with the SUV's advantages. This SUV will show great control of performance and luxury while being delicate create a great driving experience. Such typical Crossover SUVs are, Honda CR-V, Mitsubishi io, BMW X3, Volvo XC60, Volkswagen Tiguan and Ford Escape. Renault, PSA is also speeding up the race in the Crossover SUV market. This global fashion of the Crossover SUV has also advanced China's SUV market.