The surprising reason China’s SUV sales are up almost 50%
The SUV, perhaps the most American of vehicles, is making a big splash in China, according to a new report.
China’s total SUV registrations rose 48% in the first quarter, according to investment research firm Sanford C. Bernstein. SUV registrations represented 27% of all vehicles registered in China during the first quarter of this year, nearly doubling the rate from just three years ago.
The interest in bigger trucks comes at least partially because Chinese drivers are suffering from some serious road rage, Bloomberg reports. With many drivers fearing for their safety while on the roads in China, they are opting for the bigger, more secure feeling of SUVs. The rise in road violence has grown along with a huge burst in vehicle ownership overall in the country, and the incidents have gotten so bad that the government has released a video urging drivers to calm down.