The December and full-year 2024 car sales rankings have been announced. BYD remains the market leader, with a total annual sales of 4.2 million vehicles, a 40% increase from last year. In December, BYD sold 509,000 vehicles, showing strong growth. The company has expanded its brand portfolio to cover low, mid, and high-end models, meeting the needs of different consumers. With the launch of new models like the Tang L and Xia in 2025, and upgrades to its smart features, BYD’s sales are expected to exceed 5.1 million units, further solidifying its position in the market.

SAIC Group ranks second in 2024 with a total of 3.52 million units sold, and 446,000 units sold in December, maintaining its leading market share. FAW Group follows in third place with an annual sales figure of 2.89 million units, and 306,000 units sold in December.

Among domestic brands, Chery showed impressive performance, achieving 2.56 million units in total sales, a 39.2% increase, with 292,000 units sold in December, demonstrating strong competitiveness. Geely sold 2.46 million units in total, up 27.9%, with 233,000 units in December, showing steady growth.

Other major car companies’ sales figures are as follows:

GAC Group sold 1.99 million units for the year, with 283,000 units sold in December, making it into the top 10.

Changan Auto sold 1.68 million units, up 4.5%, with 151,000 units sold in December, performing well among domestic brands.

Dongfeng Motor Group sold 1.55 million units, with 154,000 units sold in December.

Great Wall Motors sold 1.05 million units, with 119,000 units sold in December, showing a 2.7% increase and stable market performance.

BAIC Group sold 1.01 million units for the year, with 111,000 units in December, maintaining its market position.

EV Companies Lead the Growth, Accelerating Market Transformation

In 2024, the passenger car market showed clear signs of differentiation. The rapid growth of BYD, Chery, Geely, and other companies in the electric vehicle (EV) sector highlights the ongoing shift towards electrification in the industry. Traditional carmakers are also accelerating their EV strategies to adapt to the changing market. The December sales data shows that EV companies continue to perform strongly, laying a solid foundation for further growth in 2025.