The China Association of Automobile Manufacturers released its list of the top 10 Chinese automakers based on their sales in the first half of this year on Monday, with a total of 4.36 million vehicles sold, accounting for 84.53 percent of the total sales of Chinese brands.
The top 10 automakers include SAIC, Changan Automobile, Geely, Dongfeng Motor, FAW, BAIC, Great Wall Motors, Chery, JAC and China National Heavy Duty Truck Group Corp.
The top 10 Chinese commercial vehicle makers in sales are JMC, SAIC Maxus, Foton Motor, Changan Automobile, Zhengzhou Yutong Group, Nanjing Iveco, King Long United Automotive, Golden Dragon, Zhong Tong Bus and Renault Brilliance, with their sales reaching 152,600 vehicles from January to June and accounting for 84.59 percent of total bus sales, the association said.
During the first half of the year, China’s auto production and sales stood at 10.11 million units and 10.26 million units, down 16.8 percent and 16.9 percent year on year respectively.
The association said the long-term stable trend of the automobile industry is unchanged, although the market suffered losses due to the COIVD-19 epidemic in the first half of the year.
Moreover, the figures came in better than expected, showing the auto market is recovering. As measures to boost car consumption continue to prop up the market, the market will keep improving, the association said.