China’s retail sales of passenger cars reached 21.7 million units in 2023, up 5.6 percent year-on-year, with the figure hitting 2.35 million units in December, an increase of 8.5 percent yearly, data from the China Passenger Car Association showed on Jan 9.
The exports of the passenger cars rose 62 percent from a year ago to 3.83 million units in 2023.
Sales and exports of new energy passenger vehicles registered robust expansion in the country last year, with 7.74 million vehicles sold, surging 36.2 percent year-on-year, as well as 1.05 million vehicles exported, jumping 72 percent over a year earlier.
Now, let’s take a look at the top 10 manufacturers of passenger cars, including sedans, multipurpose vehicles, and sport utility vehicles, in China last year.