On November 23, the China Automobile Association released a brief analysis of the sales situation of the top ten automobile manufacturers from January to October 2023.
The Zhitong Finance app learned that on November 23, the China Automobile Association released a brief analysis of the sales situation of the top ten automobile manufacturers from January to October 2023. According to statistics from the China Association of Automobile Manufacturers, from January to October 2023, the top ten automobile sales companies (groups) sold a total of 20.424 million vehicles, accounting for 85.2% of total automobile sales. Among the ten companies mentioned above, compared with the same period last year, the sales growth rate of BYD shares (01211) was the most significant. Sales of Chery Holdings, Geely Holdings, BAIC Group, Changan Automobile (000625.SZ), and Great Wall Motor (02333) also showed double-digit sales growth. China's FAW sales increased slightly, while other companies showed varying degrees of decline.