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China Auto Industry Sales Figures – Total New Vehicle Sales Since 2005

Sales of New Cars In China

Sales of New Cars In China – Data, Trends, Charts & Analysis

Here you will find China sales figures for the overall auto industry. This top level report is not broken out by manufacturer, brand or model. This report is designed to show you the size of the total Canadian automotive market in unit sales and growth terms. It includes both trucks and passenger vehicles.

China Automotive Sales Data & Recent Highlights

Here are some of the latest highlights of the China automotive sales data:

  • China’s car sales grew 9.8% in the first half of 2023: The China Passenger Car Association (CPCA) reported that car sales in China grew 9.8% to 13.24 million in the first half of 2023, partly driven by a low base in the same period last year.
  • The growth was mainly driven by the recovery of the passenger car market: Passenger car sales in China grew 12.5% to 11.28 million in the first half of 2023, while commercial vehicle sales grew 4.7% to 1.96 million.
  • The growth of the electric vehicle market was particularly strong: Electric vehicle sales in China grew 40% to 4.59 million in the first half of 2023, accounting for 34% of the total passenger car market.
  • The growth of the new energy vehicle market is expected to continue in the second half of 2023: The CPCA expects the new energy vehicle market to grow by 50% in the second half of 2023, driven by government incentives and the increasing availability of charging infrastructure.

Here are some of the key factors that are driving the growth of the China automotive market:

  • The economic recovery: The Chinese economy is recovering from the COVID-19 pandemic, which is leading to an increase in disposable income and consumer spending.
  • The government’s support for the automotive industry: The Chinese government is providing subsidies and other incentives to the automotive industry, which is helping to boost sales.
  • The increasing demand for electric vehicles: The Chinese government is promoting the development of electric vehicles, which is driving demand for these vehicles.
  • The growth of the online car buying market: The online car buying market is growing rapidly in China, which is making it more convenient for consumers to buy cars.

Interesting China New Car Sales Stats

  • Best Sales Year Volume: 24,718,321 units sold
  • Worst Sales Year Volume: 3,971,101 units sold
  • Average Sales Per Year: 16,366,798.4 units sold
  • Total Sales Units (since 2005): 294,602,372 units sold

Top 10 Most Popular Automotive Brands In China

Here are the top 10 most popular automotive brands in China. BYD is the top-selling automotive brand in China, followed by Faw-Volkswagen and Changan. Geely, SAIC-Volkswagen, GAC-Toyota, SAIC-GM, Dongfeng Nissan, Honda, and Hyundai are also among the top 10 most popular automotive brands in China.

These brands are popular in China for a variety of reasons, including their affordability, reliability, and fuel efficiency. They also offer a wide range of models to choose from, which caters to the needs of different consumers.

The Chinese automotive market is expected to continue to grow in the coming years, driven by the factors mentioned earlier. This will create opportunities for both domestic and international automotive brands.

  1. BYD (Build Your Dreams)
  2. Faw-Volkswagen
  3. Changan
  4. Geely
  5. SAIC-Volkswagen
  6. GAC-Toyota
  7. SAIC-GM (SAIC General Motors)
  8. Dongfeng Nissan
  9. Honda
  10. Hyundai

China New Motor Vehicle Sales Table

Year Sales Growth
2005 3,971,101
2006 5,175,961 30.34
2007 6,297,538 21.67
2008 6,755,609 7.27
2009 10,331,315 52.93
2010 13,757,794 33.17
2011 14,472,416 5.19
2012 15,495,240 7.07
2013 17,927,730 15.70
2014 19,707,677 9.93
2015 21,210,339 7.62
2016 24,376,902 14.93
2017 24,718,321 1.40
2018 23,709,782 -4.08
2019 21,472,092 -9.44
2020 20,177,731 -6.03
2021 21,481,537 6.46
2022 23,563,287 9.69

China New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.