17 May 2023

China Sales : 2022

Registrations for 2022 were +8.5% as best as I could ascertain. I tried to minimise figure distortion by including imported cars for premium marques. Local brands are unaffected but foreign ones can be. Luxury sales are excluded. 

Increases or decreases below refer to market share change.VW has been falling for a few years now but for 2022 largely arrested the decline. BYD came from well down to the second spot very quickly. It seems Toyota sales listed elsewhere include Lexus but I've separated them here. 

The Chinese market still has a feel of the wild west, with brands suddenly coming from nowhere and others just as quickly disappearing into nowhere. I thought it may have matured enough to settle down by now but not as yet. The transition into electric cars hasn't helped in that regard. 

No comments:

Post a Comment