In 2023, one out of every two cars sold in the Chinese market will be from a domestic brand. Chinese brand passenger cars have gradually become the first choice for many consumers due to their excellent quality and reasonable prices.
Former "big sellers" such as Japanese and American cars have experienced varying degrees of sales decline. The sales share of American cars has declined for three consecutive years, falling to a low point. Sales of French cars increased slightly year-on-year, and sales of German cars shrank.