The Chinese market increased by 2.0% in 2021 compared to 2019
- The Chinese market (PC+UV) increased by 3.8% in 2021 compared to 2020 and by 2.0% compared to 2019. It is one of the rare countries to see its registrations increase between 2019 and 2021. China registered 26,274,820 vehicles in 2021 compared to 25,309,069 in 2020 and 25,769,000 in 2019. This result is all the more remarkable given that the global automotive market fell by almost 10% between 2019 and 2021. Despite this good result, the level reached in 2021, even if it is higher than that of 2019, remains lower than that of the years 2016-2017-2018 which had exceeded 28 million units per year. However, it seems that this level will be reached again in 2022 or 2023.
- The Volkswagen group remains the leader in the Chinese passenger car market, with a 14% market share, ahead of the GM groups (12%), Toyota (8%), Honda (7%), Geely (7%) which remains the first. Chinese manufacturer excluding joint ventures. But Geely is now closely followed by his compatriot Changan (6%) who made a spectacular comeback last year. Renault-Nissan (6%), Great Wall (5%), Chery (4%), SAIC with its brands MG-Roewe-Maxus (4%) and BYD (3%) follow.
- Chinese manufacturers occupied 39.5% of the Chinese passenger car market in 2021, a slight increase compared to 2019 (39%). Including commercial vehicles, they occupied 46% of the Chinese market last year.
- Top-selling models in China in 2021 were Wuling Hongguang Mini EV (427,685 units), Volkswagen Lavida (392,056 units), Great Wall Haval H6 (365,930 units), Toyota Corolla (319,673 units) , the Tesla Model 3 (279,882 units) and the Buick Excelle GT (263,038 units). All-electric cars (BEV) accounted for 2,751,755 sales (13% of the PC market), plug-in hybrids (PHEV) 597,752 units (3%) and non-plug-in hybrids (HEV) 515,705 units (2% ).
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