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In the first half of this year, China’s auto production and sales exceeded 4.3 million vehicles.
According to the latest data released by the China Association of Automobile Manufacturers yesterday, the automobile industry in China continued its strong growth momentum during the first half of this year. From January to June, total vehicle production reached 4,465,700 units, while sales hit 4,373,800 units, marking a year-on-year increase of 22.36% and 23.31%, respectively.
Within this period, passenger car production and sales stood at 3.514 million and 3.0841 million units, rising by 20.86% and 22.26% compared to the same period last year. Meanwhile, commercial vehicle sales reached 1,305,300 units, with production at 1,289,700 units, showing a growth of 26.12% and 25.89% year-on-year.
In terms of sales rankings, the top ten automakers were SAIC, FAW, Dongfeng, Changan, BAIC, GAC, Chery, Brilliance, Geely, and Hafei. Except for Hafei, which saw a slight decline, all other companies experienced growth, with Guangzhou Automobile, Chery, and Brilliance leading in terms of significant increases. These ten companies together accounted for 3,623,900 units sold, making up 82.88% of the total automotive market.
Looking at passenger car sales specifically, the top ten brands included SAIC-GM-Wuling, Shanghai Volkswagen, FAW-Volkswagen, Shanghai GM, Chery, Changan, Guangzhou Honda, Dongfeng Nissan, Beijing Hyundai, and FAW Toyota. Together, they sold 1.7874 million units, representing 57.96% of the total passenger car market.
For commercial vehicles, the top ten sellers were Beiqi Foton, Dongfeng, FAW, JAC, Jinbei, CNHTC, Changan, Jiangling, Nanqi, and Shaanxi Auto. These companies sold 865,750 commercial vehicles from January to June, accounting for 67.26% of the overall commercial vehicle market.
With the Chinese auto industry showing consistent growth, it's clear that both passenger and commercial vehicle segments are contributing significantly to the country's economic development. This trend is expected to continue as demand remains strong and manufacturers keep innovating to meet consumer needs.