January-August 2024: All Vehicle Sales Data of Retail Market of China

January-August 2024: All Vehicle Sales Data of Retail Market of China

All Vehicle Sales Data of Retail Market of China from January to August 2024

Unit: vehicle

Time Period: Jan- Aug 24

NO.

Manufacturer

2024.1-8

2023.1-8

YoY

Share

1

BYD Auto

2,079,858

1,627,047

27.8%

15.4%

2

FAW- Volkswagen

1,014,105

1,142,302

-11.2%

7.5%

3

Geely Automobile

1,013,493

800,280

26.6%

7.5%

4

Changan Automobile

834,258

868,728

-4.0%

6.2%

5

Chery Automobile

707,789

427,612

65.5%

5.3%

6

SAIC Volkswagen

699,091

742,545

-5.9%

5.2%

7

GAC Toyota

484,317

580,762

-16.6%

3.6%

8

FAW Toyota

461,646

507,029

-9.0%

3.4%

9

SAIC-GM-Wuling

433,856

423,961

2.3%

3.2%

10

Dongfeng Nissan

411,700

454,257

-9.4%

3.1%

 Resource: China Passager Car Association

Highlights of Sale Data of Jun 2024

  1. BYD Auto: Sales volume reached 2,079,858 units, up 27.8% year-on-year, with a market share of 15.4%. BYD continued to maintain its leading position with a relatively stable growth trend. It is the leader in the new energy vehicle market, demonstrating its strong competitiveness in the market.
  2. Geely Auto: Sales volume was 1,013,493 units, up 26.6% year-on-year, a significant increase. Market share also increased, with outstanding performance.
  3. Chery Automobile: The sales volume increased the most, up 65.5% year-on-year, the largest year-on-year growth rate among all manufacturers, and the development momentum is rapid
  4. SAIC-GM-Wuling: Although the year-on-year growth rate was relatively small at 2.3%, being able to maintain growth in the overall market environment is also a positive signal.
  5. FAW- Volkswagen 's sales volume fell by 11.2% year-on-year. Although Changan Automobile's sales volume has declined slightly, its market share remains quite stable.

SAIC Volkswagen, GAC Toyota , and FAW Toyota are also on the list, but their sales have declined to varying degrees. SAIC-GM-Wuling and Dongfeng Nissan have seen slight increases and decreases.

In addition, judging from the entire list, the momentum of new energy vehicles is really strong. As a representative of new energy vehicles, BYD Auto is far ahead in sales, which also shows that consumers' recognition and acceptance of new energy vehicles is constantly improving.

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