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Industry

Chinese auto brands increase share of domestic market: association

October 25, 2021


Abstract : Chinese passenger car brands saw their share of the domestic market grow in September, according to data from an industry association.

A visitor experiences a car from Chinese electric automaker Nio during China (Tianjin) Auto Show 2021 in north China's Tianjin, Sept. 29, 2021.  (Xinhua/Li Ran)

BEIJING, Oct. 23 (Xinhua) -- Chinese passenger car brands saw their share of the domestic market grow in September, according to data from an industry association.

Their sales of passenger cars accounted for 46.9 percent of all sales of such vehicles last month, up 9.1 percentage points year on year, said the China Association of Automobile Manufacturers.

Their market share increased 1.6 percentage points from a month earlier, the association reported.

In the first nine months, Chinese brands' passenger car sales jumped 31.4 percent year on year and accounted for 43.3 percent of the total passenger car sales, a market share rise of 6.7 percentage points from a year earlier. Enditem

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Keyword: auto market

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