Monthly Sales Ranking of Car Models in March 2022 Released by CAAM

According to the latest retail sales data released by the China Association of Automobile Manufacturers (CAAM), the sales of narrow passenger cars in the domestic market in March reached 1.579 million, down 10.5% year-on-year, and up 25.6% month-on-month; the total sales volume of January to March was 4.915 million, down 4.5% year-on-year.

The total wholesale sales of this month’s top 15 car companies were 1.341 million units, with a market concentration rate of 73.9%, down 0.7 percentage points from the previous month. The total retail sales of the top 15 car companies this month were 1.165 million units, with a market concentration rate of 73.8%, down 1.4 percentage points from the previous month.

In terms of wholesale sales, Changan Automobile ranked first.

In terms of retail sales, FAW-Volkswagen ranked first.

In terms of retail sales of different car models, Wuling MINI is leading the sedan sales ranking, and new energy vehicles occupy three seats among the top 5.

Among the MPV sub-segment market, Wuling Hongguang, Buick GL8, and Toyota Sienna ranked the top three.

In the SUV market, Model Y is still dominating.

BYD, Tesla, and Wuling hold the top three spots in the ranking of new energy automakers.

In the sales ranking of new energy vehicles by model in March, Wuling MINI and Tesla Model Y became the biggest winners.

Brief Comment

In the top five of the sedan ranking in March, three of them are new energy vehicles; in the SUV market, the pure electric Model Y dominates the top spot. The product strength of new energy vehicles is evident.

In March, the new energy vehicle market experienced a wave of intensive price increases, while the outbreak also brought huge pressure to the production of the automotive industry. The performance of new energy vehicle sales in the future is still uncertain, but what can be certain is that this year will be another record-breaking year.

🔗Information source: China Passenger Car Association

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.