A SAIC model attracts visitors at the Shanghai auto show in April 2021. LI FUSHENG/CHINA DAILY
BEIJING — Sales of Chinese-brand passenger vehicles in October rose 23.5 percent year-on-year, with the market share continuing to increase, industry data showed.
Last month, over 1.18 million Chinese-brand passenger vehicles were sold in the Chinese market, accounting for more than half of the country’s total passenger-car sales during the period, according to the China Association of Automobile Manufacturers.
In the first 10 months of 2022, sales of domestic auto brands rose 26.1 percent year-on-year to 9.35 million units, the data showed.
The sales made up 48.7 percent of the country’s total passenger-car sales in the period, up 4.8 percentage points from the same period last year.