BYD’s electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING/FOR CHINA DAILY]
BEIJING – Sales of Chinese-brand passenger vehicles in September jumped 40.8 percent year-on-year, with the market share continuing to increase, industry data shows.
Last month, over 1.16 million Chinese-brand passenger vehicles were sold in the Chinese market, accounting for almost half of the country’s total passenger-car sales during the period, according to the China Association of Automobile Manufacturers.
In the first three quarters of 2022, sales of domestic auto brands rose 26.6 percent year-on-year to top 8.16 million units, the data shows.
These sales made up 48.1 percent of the country’s total passenger-car sales in the Jan-Sept period, up 4.7 percentage points from the same period last year.