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the latest data from the china passenger car association shows that among the top 10 automakers in terms of retail sales of narrow passenger cars in august 2024, the sales of as many as 6 automakers have declined year-on-year, and only 4 automakers on the list have increased year-on-year. to a certain extent, this shows the fierce competition among domestic automakers.

looking up to u9

byd leads the market and leads the rise, while independent brands occupy half of the seats

data shows that five chinese automakers made the list, accounting for half of the seats. specifically, these five chinese automakers are byd, geely, changan, chery and saic-gm-wuling.

among them, byd auto is still the undisputed leader. according to the data from the china passenger car association, byd auto sold 379,596 units in august 2024, approaching the monthly sales volume of 400,000 units, setting a new sales record.

in terms of sales volume, byd auto is far beyond the reach of other automakers. in terms of market share, byd occupies 19.9%, showing a momentum far ahead of others.

monthly sales ranking

it is worth noting that in terms of sales growth, byd auto also surpassed other listed automakers, becoming the automaker with the highest year-on-year growth.

data from the china passenger car association shows that in august 2024, byd auto's monthly sales increased by 57.1% compared with the same period last year, an increase of nearly 60%.

it is worth noting that the monthly sales of saic-gm-wuling, chery automobile and geely automobile also increased year-on-year. among the domestic automakers on the list, only changan automobile's monthly sales showed a certain downward trend.

chang'an

data from the china passenger car association shows that in august 2024, changan automobile's monthly sales were 97,993 units, ranking sixth in the domestic automaker's narrow passenger car retail sales list during the same period.

compared with the same period last year, changan automobile's sales volume fell by 18.3%. according to the china passenger car association, changan automobile's sales volume began to decline year-on-year starting from may this year.

as of august this year, changan automobile's monthly sales have been declining year-on-year for four consecutive months. however, i think this short-term sales decline is not a cause for concern and can be regarded as a normal market fluctuation. here, we hope that changan automobile can quickly reverse the trend of sales decline and enter the saic channel.

toyota rav4

6 listed automakers declined, but the decline of some automakers was not high

data from the china passenger car association shows that among the top 10 automakers in terms of narrow passenger car retail sales in august 2024, the sales of six of the listed automakers showed a year-on-year downward trend.

however, overall, the sales decline of most of the listed automakers is not very high. according to the china passenger car association, saic volkswagen's monthly sales in august 2024 were 100,000 units.

compared with the same period last year, sales fell by 9.1%. according to the data from the china passenger car association, saic volkswagen's monthly sales began to decline year-on-year starting from may this year.

passat pro

as of august 2024, saic volkswagen's monthly sales have shown a year-on-year decline for four consecutive months.

in august 2024, faw toyota's monthly sales volume was 71,933 units, ranking 8th in the narrow passenger car retail sales list during the same period.

compared with the same period last year, sales volume fell by 5.1%, which is not a big drop. i think this sales volume drop is almost negligible.

tiguan l

data from the china passenger car association shows that in august 2024, tesla china's monthly sales were 63,456 units, a year-on-year decrease of only 1.9%, which is almost negligible.

it is worth noting that in the current chinese market, competition is extremely fierce, and a temporary increase or decrease in monthly sales of car companies can be regarded as normal market fluctuations.

i think that car companies that have seen an increase in sales should not be overjoyed, and car companies that have seen a temporary decline should not be discouraged. after all, temporary sales increases and decreases are common.

tesla

in addition, compared with the list in july, the list in august has changed. according to the data from the china passenger car association, in july 2024, ideal auto's monthly sales volume was 51,000 units, ranking 10th in the retail sales list of narrow passenger cars of automakers in the same period.

however, in august 2024, although ideal auto's sales continued to grow strongly, it did not make the list for the same period. in july 2024, tesla china did not make the top 10 list of domestic automakers in narrow passenger car retail sales for the same period.

however, in august 2024, tesla china ranked 9th on the domestic automakers' narrow passenger car retail sales list during the same period, and made it onto this list.

finally, the sales data involved in this article comes from the china passenger car association and is for reference only.