China retail November 2025: Fang Cheng Bao, Lynk & Co hit all-time highs, market off -16.8% on high year ago basis

The Fang Cheng Bao Tai 7 is inside the Top 10 in November.

Today we can share with you All brands and All models retail sales data for China for November. For the second month in a row, the market is in negative at -16.8% year-on-year to 1,987,717 units for the selection of vehicles included in this report. However keep in mind November 2024 was up by an unusual 27.4% over the year prior. The year-to-date tally remains frankly in positive territory at +6.8% to 20,546,074. BSCB is the only non-Chinese medium to cover both wholesales (ex-factory shipments) and retail sales data for China so you can get the most complete picture of the largest new car market in the world. Retail sales tend to give a more authentic picture of the market as they roughly correspond to registrations by end-customers and are more difficult to artificially boost with exports which can sometimes be the case for wholesales data.

BYD continues to plunge at -35.1% to just above 255,000 sales. The Sing Plus (-79.8%), Han (-71.7%), Tang (-69.8%), Yuan Plus (-74.3%), Seagull (-61%), Song L (-59.3%), Qin L (-47.8%), Seal 06 (-45.8%) and Song Pro (-38.7%) are all in great difficulty. Meanwhile the Sealion 05 (+51%), Dolphin +(+3.5%) and new Sealion 06 (24,874) and Seal 05 (20,830) prevent the brand from falling even faster. As it has been the case over the past few months, Geely (+9.4%) is catching up albeit at a much slower rate than recently. The Xingyuan (-17.8%) still attracted almost 40,000 buyers this month but seems to now have peaked. The Galaxy sub-brand sales are up 45% to 44,589, single-handedly lifting the brand up. 

It’s a new volume record for Lynk & Co.

Volkswagen (-36.5%) and Toyota (-21.9%) are both hit hard, while Wuling (-18.2%) is also in trouble at #4. Tesla (-1.7%) manages the best score in the Top 8 is back up 18 spots on last month to #6 vs. #9 year-to-date. Chery (-21.3%) and Changan (-39.4%) follow, while AITO (+63.5%) surges to an all-time high #9, also reached last July, and breaks its volume record at over 51,000 units. Honda (-31%) closes out the Top 10 in mediocre fashion. Just below, Xiaomi (+99.1%) continues to gear up as does Leapmotor (+19.4%). Fang Cheng Bao (+337.9%) is once again the star of the month with sales up 4-fold year-on-year to a new best ever volume (34,630). The carmaker also breaks into the Top 20 for the first time at #16. Another record breaker is Lynk & Co (+21.3%) up to 32,412, also scoring an inaugural Top 20 finish at #18.

Over in the models charts, the Wuling Hongguang Mini EV (+26.7%) cements its dominance above the Geely Xingyuan (+99.2%). The BYD Qin Plus (-5.9%) remains at #3 as the podium is identical to last month and year-to-date. The Tesla Model Y (-24.3%) is back up to #4 like YTD, however note the Model Y L, exclusive to China and counted separately here, almost doubles its sales vs. October to over 12,000 units. The Xiaomi YU7 is down one spot on last month but continues to break volume records each month. The Tesla Model 3 (-11%) ascends to #6 (vs. #91 in October), way better than the #18 spots it holds year-to-date. The AITO M7 (+100.8%) is back inside the Top 10 for the first time since March 2024 at #7 while the new BYD Sealion 06 confirms it is an instant blockbuster at #8. But it’s another newcomer that we crown the performer of the month: the Fang Cheng Bao Tai 7 is up 5 ranks on October to break into the Top 10 for the first time at #9 with a record 24,144 sales. The BYD Seal 05 also manages an all-time best volume at 20,830.

Previous month: China retail October 2025: BYD down -38.1%, Geely up 25.4%, Xiaomi and Fang Cheng Bao break records

One year ago: China retail November 2024: Market up 27.4%, Jetour, Leapmotor, Xpeng, Deepal, Xiaomi and Bestune among record breakers

Full November 2025 Top 128 All brands and Top 760 All models below.