Passenger car sales in China 2008-2022, by model
In 2022, sales of sport utility vehicle (SUV) were the highest of the four types of passenger cars in China, reaching nearly 11.2 million units. In the same year, some 11.1 million sedans and nearly one million multi-purpose vehicle (MPV) were sold in China. Overall car sales in China had reached about 26.9 million vehicles in 2022.
Passenger car sales in China
China has been the largest market for passenger cars since 2008. In 2022, about 26.9 million passenger cars had been sold in China, more than in the United States, Germany and Japan combined. The People’s Republic is also the largest producers of passenger cars in the world. Over 23.8 million passenger cars had been produced in China in 2022. When compared to car markets in developed countries around the world, China’s domestic automobile market still possesses some potentials for growth. As of 2021, around 282 million vehicles had been registered in the United States, whereas China counted 24 million registered vehicles with a much higher population size.
Foreign car manufacturers in China
Both General Motors and Volkswagen are among the leading carmakers in China. More than half of all passenger cars sold in China were of foreign origin in 2021. China’s national carmakers enjoy a price advantage rather at the lower end of the market. Since 2020, the most popular passenger car model in China has been the SUVs. In order to win larger margins in the Chinese market, automakers such as Volkswagen have launched models solely designed for Chinese customers.
Passenger car sales in China
China has been the largest market for passenger cars since 2008. In 2022, about 26.9 million passenger cars had been sold in China, more than in the United States, Germany and Japan combined. The People’s Republic is also the largest producers of passenger cars in the world. Over 23.8 million passenger cars had been produced in China in 2022. When compared to car markets in developed countries around the world, China’s domestic automobile market still possesses some potentials for growth. As of 2021, around 282 million vehicles had been registered in the United States, whereas China counted 24 million registered vehicles with a much higher population size.
Foreign car manufacturers in China
Both General Motors and Volkswagen are among the leading carmakers in China. More than half of all passenger cars sold in China were of foreign origin in 2021. China’s national carmakers enjoy a price advantage rather at the lower end of the market. Since 2020, the most popular passenger car model in China has been the SUVs. In order to win larger margins in the Chinese market, automakers such as Volkswagen have launched models solely designed for Chinese customers.
