Which brands are falling the most in the Chinese market in 2022?
- In a Chinese passenger car market once again affected by Covid in 2022, which brands are falling the most and which are managing to hold their own?
- In the first quarter of 2022, during which the Chinese market fell by 4%, the brands that fell the most were: Jeep (-80%), Mitsubishi (-48%), Hyundai (-47%), Audi (-41%), Cadillac (-39%), Buick (-35%), Land Rover (-28%) , Baojun (-25%), Mercedes (-25%), FAW (-21%), Kia (-20%), Great Wall (-20%), BAIC (-19%), BMW (-19%), Mazda (-16%), Honda (-14%), Brilliance (-14%) and Volkswagen (-13%). All of these brands have lost market share in the Chinese market.
- The Ford, Lincoln, Toyota, Nissan, Changan and Geely brands posted smaller declines, close to the overall decline in the Chinese market, meaning that their market share held up during this period.
- Finally, several brands managed to grow in volume and market share, such as Wuling (+1%), Skoda (+1%), Chery (+4%), SAIC (+6%), Peugeot (+7% ), Chevrolet (+9%), Dongfeng (+34%), Citroën (+55%), BYD (+68%) and especially Tesla (+93%).
- In total, the market share of independent Chinese manufacturers (or independent brands of Chinese manufacturers working in J.V. with foreigners) has increased in one year from 42% to 43% of the Chinese passenger car market.
- The top ten manufacturers on the Chinese passenger car market remain the Volkswagen (853,000 sales), GM (613,000 sales), Toyota (544,000 sales), Honda (462,000 sales), Geely (447,000 sales), Changan ( 435,000 sales), BYD (395,000 sales), Renault-Nissan (345,000 sales), Great Wall (281,000 sales) and Chery (261,000 sales).
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