According to recent news, Cui Dongshu, secretary-general of the China Passenger Car Association, published an article stating that China's automobile sales reached 13.52 million units in January-February 2025, a year-on-year increase of 2%, and its share of the global automobile market reached 33.7%. The new energy sector is developing rapidly, Chinese independent car companies are performing outstandingly, and the wave of electrification has also caused some international car companies to gradually decline. Looking at the overall situation of the group, the market share of leading international automakers has dropped significantly, while Chinese automakers have performed strongly overall. As China, Russia and India continue to improve their positions in the international auto market, and Asian automakers such as Geely, BYD, Chery, Changan and Suzuki have performed well in the market, the production and sales of Asian automakers are showing a good trend. In contrast, European automakers are performing poorly. Among the top ten global automakers this year, two Chinese automakers have seen a significant increase in market share, with BYD ranking 6th in the world and Geely ranking 7th. |
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