Recently, the China Passenger Car Association (CPCA) and China Association of Automobile Manufacturers (CAAM) released China’s auto industry report cards for the first half (H1) of 2024.
In H1 2024, China’s automobile production and sales were 13.891 million and 14.047 million vehicles, up 4.9% and 6.1% year-on-year, respectively. In particular, the sales growth rate of new energy vehicles was significantly higher than that of gasoline-powered vehicles: the production and sales were 4.929 million and 4.944 million units, up 30.1% and 32% year-on-year, respectively; accounting for 35.2% of the market share.
| Ranking | Chinese Brands | Sales Volume |
| 1 | BYD | 1.607 million |
| 2 | Chery | 1.057 million |
| 3 | Geely | 955,000 |
| 4 | Changan | 809,000 |
| 5 | FAW-Volkswagen | 754,000 |
| 6 | SAIC-Volkswagen | 512,000 |
| 7 | Great Wall Motor | 467,400 |
| 8 | Tesla China | 426,000 |
| 9 | GAC-Toyota | 336,000 |
| 10 | SAIC | 331,500 |
| 11 | SAIC-GM-Wuling | 331,000 |
| 12 | Dongfeng-Nissan | 328,000 |
| 13 | Brilliance Auto | 316,000 |
| 14 | FAW-Toyota | 308,000 |
| 15 | Beijing Benz | 278,000 |
| 16 | Dongfeng-Honda | 236,000 |
| 17 | SAIC-GM | 225,000 |
| 18 | GAC-Honda | 207,000 |
| 19 | FAW Hongqi | 201,000 |
| 20 | Li Auto | 188,000 |
Furthermore, the top ten Chinese automotive companies’ combined sales volume was 11.917 million vehicles, a year-on-year increase of 6.3%, accounting for 84.8% of the total automobile sales. More specifically, the top three automakers’ (BYD, Chery, and Geely) sales volume was 4.871 million vehicles, a year-on-year increase of 1.1%, accounting for 34.7% of the market share.
| Ranking | Brands | Sales Volume |
| 1 | BYD | 1.607 million |
| 2 | Volkswagen | 1.266 million |
| 3 | Chery | 1.057 million |
| 4 | Geely | 955,000 |
| 5 | Changan | 809,000 |
| 6 | Toyota | 644,700 |
| 7 | Great Wall Motor | 467,400 |
| 8 | Honda | 444,700 |
| 9 | Tesla | 426,600 |
| 10 | SAIC | 331,500 |
| 11 | Wuling | 331,300 |
| 12 | Nissan | 328,300 |
| 13 | BMW | 316,000 |
| 14 | Mercedes Benz | 278,700 |
| 15 | GM | 225,600 |
Breaking it down further by brand types, the sales volume of domestic Chinese brands reached 5.559 million vehicles, a year-on-year increase of 17.8%, with a market share of 56.5%. The cumulative sales volume of German brands was 1.907 million units, a year-on-year decrease of 6.2%, with a market share of 19.4%; the sales volume of Japanese brands reached 1.466 million vehicles, a year-on-year decrease of 12.4%, with a market share of 14.9%; and the sales volume of American and French brands decreased by 19.2% and 19.1%, respectively.
Source: CPCA, CAAM, DongCheDi, QQ News
Edited (2024 July 16, GMT 16:02): Corrected the ranking of FAW-Volkswagen and SAIC-Volkswagen on the “Top 20 best-selling Chinese brands in H1 2024” table: SAIC-Volkswagen is 6th and FAW-Volkswagen is 5th. Previously, SAIC-Volkswagen was 5th and FAW-Volkswagen was 6th.
Wishing BYD, Geely, Changan, GWM and Cheryl more growth and stronger sale in the coming months and years.
I bought geely & chery suvs
I am very satisfied
Hehe chery, cheerful until the axle breaks
Dear Chinese
You’re so LUCKY to get TECHNOLOGIES from all over the WORLD,
Your job is to COPY some famous design, modify lights then Deliver it to WORLD,
Keep Faking
Hatsoff
wow. are we still trotting out these tired tropes. do you think china would be ahead in production of electric vehicles worldwide if they were just ‘copying’ other technology. i mean by your logic alone they would be multiple steps behind if they were just imitating.
go back to your crayons, mate. you’re clueless.
Lmao it’s the western and Japanese automakers that keeps buying EV tech and EV platforms from Chinese companies. Some of them are selling rebranded Chinese EVs as their cars. Also when it comes to EV tech Chinese companies are miles ahead. All the foreign automakers with sliding sales are mostly making gas cars, that wouldn’t exist in the Chinese market in future. You must’ve lived under a rock for a long time, wake up kid.
Mahesh sounds like an Indian name. I used to think Indian people are smart but having seen the comments they made on platforms such as YouTube and Instagram regardless of the subject, coupled with travel vlog videos recorded in India, my views changed drastically. Total lack of logical reasoning and it’s like they say what they want to say without thought process. It’s really unbelievable and I suppose it manifests very clearly in the development of their country.
You can smell an Indian from a mile away
Lol.
Mahesh is burning with envy.
China is kicking their ass on every front
Well said. Sometimes an Indian is more poisonous than a snake.
The changes in sales are becoming drastic, Japanese brands are falling .. I think they were too comfortable and complacent that they didn’t push for more innovation and development as they keep selling boring and traditional cars.. Also american brands, they are just bad, not reliable and lacking innovation too.. They should be in shock right now to realize reality and learn that there is still plenty of room for innovation..
The question would be what will be the numbers in three years time? Will these automakers still sell in China? Will they close some of their factories like VW did? How many Chinese brands would remain standing after the price war?
I also think there’s a lot of anti US sentiment in china at the moment. The US is pushing sanctions and tariffs and trying to cripple chinese access to high powered computer chips. This too is a factor.
But the bottom line is price. European brands just can’t compete.
Also the chinese build quality is impressive too and the technology is ahead of european and US manufacturing.
Still I’m old fashioned. I drive a combustion engine car.