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

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

According to statistics and analysis by the China Association of Automobile Manufacturers, in April 2022 , sales of Chinese-branded passenger cars declined rapidly both month-on-month and year-on-year, while market share increased rapidly.

In April 2022 , sales of Chinese-branded passenger cars reached 551,000 units, down 39.1% month - on-month and 23.3% year-on-year, accounting for 57.0% of total passenger car sales . The market share increased by 8.5 percentage points from the previous month and 14.9 percentage points from the same period last year .

From January to April 2022 , a total of 3.098 million Chinese-branded passenger cars were sold , a year-on-year increase of 9.8 % , accounting for 47.6% of the total passenger car sales , and the market share increased by 6.0 percentage points over the same period last year .

In April 2022 , the market shares of Chinese-branded sedans, SUVs and MPVs were 46.2% , 65.7% and 66.9% respectively . Compared with the previous month, the market shares of Chinese-branded sedans, SUVs and MPVs all increased, among which the growth of Chinese-branded SUVs was more obvious; compared with the same period last year, the market share of Chinese-branded MPVs increased slightly, and the growth of Chinese-branded sedans and SUVs was more obvious.

From January to April 2022 , the market shares of Chinese-branded sedans, SUVs and MPVs were 37.3% , 55.2% and 56.1% respectively . Compared with the same period last year, the market share of Chinese-branded sedans and SUVs increased, while that of MPVs continued to decline.

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