Monthly automobile sales in China 2021-2022
Automobile demand in China
China is home to the world’s largest market for automobile sales. Despite the recent decline in passenger car sales in China in April 2022, total passenger car sales in 2021 exceed 26 million units, significantly higher than all the other listed markets. This represents approximately 31.4 percent of global motor vehicle sales in that year. The United States, the world's second-biggest market, sold about 15.4 million vehicles in 2021.
Chinese car manufacturers
China’s automobile market used to be dominated by international car manufacturers until recently. In 2021, Chinese manufactured vehicles had a market share of about 44.4 percent in the Chinese vehicle market, followed by German vehicles and Japanese vehicles. The leading passenger car manufacturer is FAW-Volkswagen, which reported sales of about 1.8 million vehicles in the same period.