In January of this year, Volkswagen became the leader in the world’s largest car market, ending China’s BYD’s 11-month dominance.
According to China Passenger Car Association (CPCA), 2.03 million new cars were sold in the country in January 2024, which is 57.4 percent more than in January 2023. Volkswagen sold 206,476 vehicles, a 41.5 percent increase compared to the same period last year, taking the top spot with a 10.29 percent market share and ending China’s BYD’s eleven-month dominance.
The second place in January is taken by BYD with 191,122 vehicles (+43.4%) and a 9.39 percent market share, while Toyota is in the third position with 141,689 sold cars (+35.1%) and a 6.96 percent market share.
Changan, Honda, Geely, Wuling, Honda, Chery and Nissan occupy further places in the top ten.
Evaluating the sales results of fully electric vehicles, it should be concluded that the situation is different here – BYD is in first place with 98,423 cars (26.18% market share), while Volkswagen is only in sixth position with 15,838 units (4.21%). The next places behind BYD are occupied by Tesla and Wuling.
On the other hand, the most requested car model on the Chinese market in January 2024 is Changan CS75Plus (40,496 units), leaving behind Volkswagen Lavida (32,419) and BYD Song Plus (32,267).
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2024-02-12 02:22:48
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