China wholesales July 2025: BYD off -17.1%, Geely up 104.5%, Leapmotor inside Top 10

Geely Galaxy NEV sales soar 115.3% YoY

According to data by the China Association of Automobile Manufacturers (CAAM), Chinese wholesales gain a formidable 14.7% year-on-year in July to 2,593,000 units. Among this, Passenger Vehicles are also up 14.7% to 2,287,000 and Commercial Vehicles up 14.1% to 306,000. Year-to-date, PV gain 12% to 18,269,000 while CV are up a more modest 3.9% to 2,428,000. Meanwhile, production lifts 13.3% to 2,591,000 including 2,293,000 PV (+13%) and 298,000 CV (+16.3%). So far in 2025, outputs are up 12.7% to 18,235,000 including 15,838,000 PV (+13.8%) and 2,397,000 CV (+6%). CAAM wholesales figures include exports (but not our brands and models rankings), which are up 22.6% YoY to 575,000 including 499,000 PV (+25.2%), with the YTD volume up 13.3% to 3,103,000. 

This means domestic vehicle wholesales improve 12.6% to 2,018,000, including 1,788,000 PV (+12.1%). Year-to-date, domestic sales are up 11.8% to 14,588,000 including 12,738,000 PV (+13.4%). New Energy Vehicles (NEVs) wholesales soar 27.4% YoY to 1,262,000 including 811,000 BEV (+47.1%) and 451,000 PHEV (+2.8%). This results in 48.7% share of the total market for the month. Year-to-date volumes reach 8,220,000 (+38.5%) including 5,246,000 BEV (+46.9%) and 2,972,000 PHEV (+25.9%). NEV account for 45% of total vehicle sales through July. Chinese-branded PV total wholesales soar 21.3% for the month to 1,604,000, accounting for a record 70.1% share, up from 66.3% a year ago, while YTD figures are up 24.4% to 10,873,000 or 68.6% share, up from 62.5% over the first seven months of 2024.

Leapmotor sells over 44,000 units in July.

In the brands ranking, we have a significant event at #1: BYD has definitely stopped its race to the top with sales off a drastic -17.1% YoY. This is the brand’s worst result since February 2024 which was marred by a calendar quirk related to the Lunar New Year, meaning the whole market was down. This time the carmaker sinks in a growing market, seeing its share tumble as a result. The Song L (+213.3%), Yuan Up (+10.9%) Seal 06 (+9.9%) and successful launches such as the Sealion 05 (12,462) and Seal 05 (10,426) prevent the brand from falling even faster. In contrast Geely (+104.5%) continues to deliver euphoric results, more than doubling its year-ago volume. As we’ll see below the Xingyuan is back to #1 in the models ranking, the Galaxy sub-brand is up 115.3%, with the Boyue (+136.1%), Binyue (+65.5%), Panda Mini (+26.2%) and Emgrand (+24.9%) among its best performers.

Volkswagen (-0.1%) and Toyota (-0.9%) manage to stay stable, which in the surging context is actually a weak result. Changan (+29.3%) beautifully holds itself to #5, distancing Chery (+11%) and Wuling (+7.6%). Nissan (+27.5%) impresses (especially for a foreign manufacturer), helped by strong Sylphy sales (+21.8%) and the success of its N7 electric sedan (6,455). Leapmotor is arguably the success story of the month, breaking its volume record for the third month in a row and cracking the overall Top 10 for the very first time at #9. Honda (-14.1%) sinks to #10 and ranks #8 year-to-date vs. #5 over the Full Year 2024. The German premiums are in complete freefall: BMW is off -16.5%, Audi down -15.2% and Mercedes at -46.2%… Xpeng (+202.5%) scores its 2nd highest monthly volume, with Xiaomi (+132.1%) breaking its volume record, for the first time above the 30,000 mark as its YU7 SUV gears up.

Xpeng sales are up 202.5% YoY in July.

Looking at the models ranking in isolation, the new Geely Xingyuan is back to #1 for the 4th time this year, even reaching an all time high volume for the 7th straight month at over 44,000 sales. The BYD Qin Plus (-21.3%) is in great difficulty but climbs back up to #2, distancing the Tesla Model Y (-15.2%) in trouble as well. The Wuling Hongguang Mini EV (+73.4%) continues to surge YoY while the Nissan Sylphy (+21.8%) brilliantly lands in 5th place. Below a struggling BYD Qin L (-24.6%), the Xiaomi SU7 (+86.1%) is up to #8 ahead of the BYD Seal 06 (+9.9%), VW Lavida (-5.2%) and a sinking BYD Seagull (-34.1%). The new AITO M8 reaches a record volume and ends the month at the Top 10’s doorstep.

Previous post: China wholesales First Half 2025: Sales up 12.2%, Geely above VW, Xingyuan takes control

Previous month: China wholesales June 2025: Market up 13.8%, Leapmotor breaks record, Tesla Model Y #1

One year ago: China July 2024: BYD doubles VW sales, places 5 models in Top 6

Full July 2025 Top 98 All brands and Top 578 All models below.