European Automotive Industry in the Century of Asia

Table 1.3: Motor vehicle production in China in 2022 (million units, %) Million units Share (%) Year-on-year change (%) Passenger cars 23.8 88.0 11.0 Commercial vehicles 3.2 12.0 -32.0 Total 27.0 100 3.4 Source: China Association of Automobile Manufacturers (CAAM) In 2022, motor vehicle sales in China grew by 2.1% to a total of 26.9 million units. Passenger car sales in 2022 totalled 23.6 million units, an increase of 9.5% compared to the previous year.

Table 1.4: Motor vehicle sales in China in 2022 (million units, %)

Million units

Share (%)

Year-on-year change (%)

Passenger cars

23.6

88.0 12.0 100

9.5

Commercial vehicles

3.3

-31.2

Total

26.9

2.1

Source: CAAM Local manufacturers currently dominate the Chinese market. By 2022, Chinese manufacturers gained over 50% of the domestic market share. German automakers

ranked second (19%), and Japanese automakers third (18%). Table 1.5: Car sales in China by manufacturers (2022) Share (%)

Year-on-year change (%)

Chinese brands German brands Japanese brands

50.7 18.9 18.3

22.9

3.3

-4.7

US brands

9.4 1.6 0.8

1.2

Korean brands French brands

-27.3 36.6

Source: MarkLines

The export figures confirm the Chinese intention to expand into global markets in the automotive industry. For a long time, car production was thought to be for the local market. The export share amounted to only 2-3 %. However, the situation has changed since 2021, when the export share of automotive production began to rise. In 2021, the share reached almost 8%, peaking at 13% in 2022. In 2022, a total of 3.1 million motor vehicles were produced, including 2.5 million passenger cars.

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