The Chinese passenger car market grew by 6.4% in 2025
- The Chinese passenger car (PC) market grew by 6.4% in 2025, to 24,065,181 units compared to 22,607,856 units in 2024. In 2025, this market is represented by 70% Chinese brands and 30% foreign brands, compared to 66% and 34% respectively in 2024.
- Exports grew even more strongly (+21.9%) as they amounted to 6,037,959 units (exceeding the 6 million unit mark for the first time) compared to 4,955,134 units in 2024. China is consolidating its lead over other car-producing countries in terms of exports, with its main markets being Europe and Russia.
- As a result, car production increased by 10.2% in China last year, taking into account deliveries to the Chinese market and those made to foreign markets.
- The growth of the Chinese market, Chinese exports, and Chinese production is expected to continue at a healthy pace in 2026 due to the continued expansion of product offerings among Chinese carmakers, particularly in electric and plug-in hybrid vehicles. BYD's Hungarian plant is expected to begin operations.
- Which carmakers came out on top in 2025 ? BYD delivered 4,545,423 cars in 2025 (+6.9% compared to 2024), ahead of Geely (3,390,481 units; +37.9%) and Chery (2,634,082 units; +6.7%). These three Chinese carmakers outperformed the Volkswagen Group (2,580,865 units; -6.1%) and the GM Group (1,926,279 units; +23.3%) if Baojun and Wuling are included, as GM does.