China Association of Automobile Manufacturers: A brief analysis of Chinese brand passenger car sales in June 2022

According to statistics and analysis by the China Association of Automobile Manufacturers, the market share of Chinese brand passenger cars has continued to rise. Since the beginning of this year, Chinese brand passenger car companies have seized new development opportunities and comprehensively promoted the brand upward development strategy, further narrowing the gap with foreign leading automobile companies. In addition, with a precise grasp of the Chinese automobile consumer market, Chinese brands have also gained the favor of more young consumers. In addition, relying on the advantages of the local supply chain, Chinese brands have seized more opportunities.

In June 2022 , a total of 994,000 Chinese-branded passenger cars were sold , a month -on-month increase of 24.5% and a year-on-year increase of 43.1% , accounting for 44.8% of the total passenger car sales , up 0.6 percentage points from the same period last year .

From January to June 2022 , a total of 4.891 million Chinese-branded passenger cars were sold , a year-on-year increase of 16.5 % , accounting for 47.2% of the total passenger car sales , up 5.3 percentage points from the same period last year .

In June 2022 , the market shares of Chinese-branded sedans, SUVs and MPVs were 35.8% , 51.7% and 59.0% respectively . Compared with the previous month, the market share still showed a certain decline; compared with the same period last year, the market share of Chinese-branded sedans continued to grow, while that of Chinese-branded SUVs and MPVs declined.

From January to June 2022 , the market shares of Chinese-branded sedans, SUVs and MPVs were 37.6% , 54.5% and 58.1% respectively . Compared with the same period last year, the market share of Chinese-branded sedans and SUVs both increased, while that of MPVs declined rapidly.