2022 RT Banner.gif

China Daily

News> Business> Content
Published: 14:41, March 19, 2023 | Updated: 14:49, March 19, 2023
Sales of Chinese-brand passenger vehicles soar 37.3% in Feb
By Xinhua
Published:14:41, March 19, 2023 Updated:14:49, March 19, 2023 By Xinhua

In this undated file photo, BYD employees put finishing touches to an electric vehicle at an assembly line in Xi'an, capital of Shaanxi province. (PHOTO / XINHUA)

BEIJING - Sales of Chinese-brand passenger vehicles continued to log rapid expansion in February and further increased their market share, industry data shows. 

Last month, 873,000 domestic-brand passenger vehicles were sold in China, surging 37.3 percent year-on-year, according to the China Association of Automobile Manufacturers.

The domestic market share of these vehicles was 52.8 percent in this period, up 10.1 percentage points from a year ago.

ALSO READ: Sales of Chinese-brand cars jump 43.1% in June

During the first two months of 2023, sales of domestic-brand passenger vehicles topped 1.63 million units in China, with their market share up 7.6 percentage points year-on-year to 52.3 percent, the data also revealed.  

Share this story

Please click in the upper right corner to open it in your browser !