All Vehicle Sales Data of Retail Market of China | |||||
Time Period: Jan-Dec 2024 | |||||
Unit: Vehicle | |||||
NO. | From the manufacturer | 2024.1-12 | 2023.1-12 | YoY | Share |
1 | BYD Auto | 3,718,281 | 2,706,075 | 37.40% | 16.20% |
2 | Geely Auto | 1,773,251 | 1,385,087 | 28.00% | 7.70% |
3 | FAW-Volkswagen | 1,608,578 | 1,846,617 | -12.90% | 7.00% |
4 | Changan Auto | 1,365,745 | 1,374,357 | -0.60% | 6.00% |
5 | Chery Auto | 1,335,205 | 811,230 | 64.60% | 5.80% |
6 | SAIC Volkswagen | 1,200,000 | 1,231,433 | -2.60% | 5.20% |
7 | SAIC-GM-Wuling | 824,681 | 723,176 | 14.00% | 3.60% |
8 | FAW Toyota | 798,087 | 802,095 | -0.50% | 3.50% |
9 | GAC Toyota | 770,147 | 901,027 | -14.50% | 3.40% |
10 | Tesla China | 657,102 | 603,664 | 8.90% | 2.90% |
Resource: China Passager Car Association
Highlights of Sale Data of Jan.-Dec. 2024
1. BYD Auto continues to lead:
BYD Auto's sales from January to December 2024 reached 3,718,281 units, further consolidating its leadership in the overall automobile market, and its products and technologies continue to be widely recognized by the market.
2. Geely Auto and Chery Auto have seen significant growth:
From January to December 2024, the sales of Geely Auto and Chery Auto were 1,773,251 and 1,335,205 respectively, with significant sales growth and excellent performance in the market.
3. Sales volume of some traditional manufacturers has declined:
The sales of FAW-Volkswagen and SAIC Volkswagen in January-December 2024 fell by 12.90% and 2.60% year-on-year respectively, showing certain market pressure.
GAC Toyota's sales volume from January to December 2024 was 770,147 vehicles, a year-on-year decrease of 14.50%, and its market share was 3.40%. GAC Toyota's sales volume has dropped significantly and it faces greater market challenges.
4. Tesla China is growing steadily:
Tesla China's sales in January-December 2024 were 657,102 vehicles, a year-on-year increase of 8.90%, with a market share of 2.90%.
Tesla's growth rate has been relatively stable and it has maintained a high market share.
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