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China retail February 2024: Chery (+43.1%), Geely (+18.2%) defy market down -16.3%

Chery Arrizo 8 sales are up 269.9% year-on-year in February. Retail sales for the selection of vehicles included in this update are off -16.3% year-on-year in February to 1,051,694, as the Lunar New Year holiday fell in February this year. The year-to-date tally remains up by a stunning 26.8% to…

  • March 25, 2024
  • Matt Gasnier
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China imports February 2024: Lexus back to #1, market down -40.6%

Lexus RX The Lunar New Year holidays falling in February this year instead of January in 2023, sales of new imported cars in China drop -40.6% year-on-year this month to just 32,968. However the two-month total, reflecting the real evolution of the market, is down just -2% to 108,442, a…

  • March 25, 2024
  • Matt Gasnier
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China new models February 2024: AITO M9 lands

AITO M9 We can now share with you the newcomers in the Chinese wholesales charts. This month we have 4 new models hitting dealerships, all of them Chinese. This continues to show domestic brands lead in terms of dynamism and launch frequency. Once again all launches are New Energy vehicles…

  • March 20, 2024
  • Matt Gasnier
  • 2 Comments
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China wholesales February 2024: Market down -19.9% on calendar quirk, VW stays #1, AITO M7 #3

The AITO M7 ranks on the Chinese podium in February. Due to Lunar New Year falling in February this year vs. January in 2023, new vehicle wholesales (factory shipments) drop -19.9% year-on-year in February to 1,584,000 units accosting to data by the China Association of Automobile Manufacturers (CAAM). After a…

  • March 15, 2024
  • Matt Gasnier
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China retail January 2024: Volkswagen and Lavida start the year at #1, market up 68.1%

The VW Lavida is the best-selling vehicle in China for the first time in 3 years. 19/03 update: Now with revised figures for all brands and models. Chinese retail sales of the selection of vehicles included in this update rally back up 68.1% year-on-year in January to 2,084,941 units. January…

  • March 1, 2024
  • Matt Gasnier
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China imports January 2024: Mercedes #1, sales up 36%

Mercedes is the most popular importer in China in January. For once sales of new imported cars in China surge year-on-year at +36% to 75,052, even if this has a lot to do with the Lunar New Year falling in February this year vs. January in 2023. Brand-wise, Mercedes (+27.6%)…

  • February 28, 2024
  • Matt Gasnier
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China new models January 2024: Polestar 4, Geely Galaxy E8 start

Geely Galaxy E8 It is now time to study the newcomers in the Chinese wholesales charts. This month, once again we have 9 new models hitting dealerships, 6 of them Chinese. This still shows domestic brands lead in terms of dynamism and launch frequency. All launches are New Energy vehicles…

  • February 19, 2024
  • Matt Gasnier
  • 9 Comments
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China wholesales January 2024: VW back above BYD, Changan CS75 Plus #1, AITO M7 #5

The AITO M7 sells almost 30,000 units in January alone. The Chinese wholesales market has a particularly low year-ago base in January when sales were impacted by the early start of the Lunar New Year, a Covid surge and the end of some major incentives. In 2024 the Lunar new…

  • February 15, 2024
  • Matt Gasnier
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China new models December 2023: BYD Song L, AvatR 12, Zeekr 007 launch

BYD Song L It is now time to study the newcomers in the Chinese wholesales charts. This month, we have 9 new models hitting dealerships, all of them Chinese. Once again this shows that foreign manufacturers simply can’t keep up with the launch frequency of their Chinese counterparts and are…

  • January 29, 2024
  • Matt Gasnier
  • 3 Comments
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China retail Full Year 2023: BYD and Tesla Model Y on top

The BYD Qin Plus ends the year in 2nd place. Discover 40 years worth of Chinese Historical Data here. Chinese retail sales of the selection of vehicles included in this update are up a modest 4.5% in 2023 to 20,742,652 units. That's much more discreet than the 12% increase of…

  • January 25, 2024
  • Matt Gasnier
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China imports Full Year 2023: Lexus ES and Mercedes GLE dominate market off just -2.3%

The Lexus ES is the best-selling import in China for the 7th year in a row. Discover 40 years worth of Chinese Historical Data here. Sales of new imported light vehicles in China drastically slow down their fall in 2023, from -19% in 2022 to just -2.3% this year at…

  • January 25, 2024
  • Matt Gasnier
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China wholesales Full Year 2023: BYD ends 37 years of Volkswagen domination

Sales for the BYD Yuan Plus (Atto 3 in export markets) are up 84.7% in 2023. According to data by the China Association of Automobile Manufacturers, shipments of new vehicles in China climb 12% year-on-year in 2023 to 30,094,000 units, marking the first time above 30 million annual sales. This…

  • January 15, 2024
  • Matt Gasnier
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China new models November 2023: Fang Cheng Bao Bao 5 and Yangwang U8 appear

Fang Cheng Bao Bao 5 Now that we have gone through November 2023 Chinese wholesales, it is time to delve into the newcomers in the charts. This month, we have a record 14 new models hitting dealerships, 12 of them Chinese. Once again this shows that foreign manufacturers simply can't…

  • December 25, 2023
  • Matt Gasnier
  • 0 Comments
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China retail November 2023: Market up 19.1%, foreign sedans on the mend (for now?)

Nissan Sylphy sales are up 42.4% in November (ePower model pictured). Chinese retail volumes of the selection of new vehicles we have in this report progress by a stunning +19.1% to 1,867,972 units. This is part (and only in part) due to weakened year-ago results due to covid lockdowns. It…

  • December 22, 2023
  • Matt Gasnier
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China imports November 2023: Land Rover (+84.9%), Audi (+84.6%) impress in market up again

The Q7 pushes Audi sales up in November. It's a second consecutive month of year-on-year growth for the Chinese imports market in November at +18.3% to 65,998. The year-to-date tally however remains in negative at -4.5% to 660,983. Lexus (+43.4%) continues to compensate for low year-ago levels and is once…

  • December 21, 2023
  • Matt Gasnier
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