In September 2022, the Chinese brand passenger car market continued to perform well. In September 2022, a total of 1.166 million Chinese-branded passenger cars were sold, a month-on-month increase of 13.3% and a year-on-year increase of 40.8%, accounting for 50% of the total passenger car sales. The market share increased by 1.6 percentage points from the previous month and 2.9 percentage points from the same period last year. From January to September 2022, a total of 8.163 million Chinese-branded passenger cars were sold, a year-on-year increase of 26.6%, accounting for 48.1% of the total passenger car sales, and the market share increased by 4.7 percentage points over the same period last year. In September 2022, the market shares of Chinese-branded sedans, SUVs and MPVs were 42.7%, 54.7% and 60.8% respectively. Compared with the previous month, the market shares of the three major types of vehicles have increased; compared with the same period last year, the market share of Chinese-branded MPVs has decreased, while that of Chinese-branded sedans and SUVs has increased. From January to September 2022, the market share of Chinese-branded sedans, SUVs and MPVs were 39.3%, 54.4% and 59.1% respectively. Compared with the same period last year, the market share of Chinese-branded sedans and SUVs continued to grow, while that of MPVs continued to decline. |
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