Domestic cars accounted for the top four wholesale volume in October.
Retail sales in the domestic narrow passenger car market reached 2.033 million in October, up 10.2 per cent from the same period last year, and 0.7 per cent month-on-month growth of 17.267 million vehicles from January to October, an increase of 3.2 per cent over the same period last year.
There is no doubt about BYD's first place, with terminal retail sales exceeding 258000 in October, 100000 more than second place FAW-Volkswagen, and far ahead in sales.
The key is that last month BYD's wholesale volume exceeded 300000, making history by becoming the first single car company in China to break through 300000 monthly sales. The gap between retail and wholesale not only means that BYD's sales in overseas markets are rising, BYD's sea plan is smooth, and the emergence of monthly sales in 300000 also means that BYD's 3 million-year sales are just around the corner.
Not only BYD, but also Geely, Changan and Chery, such as Geely, are also fully exploding.
Last month, terminal retail sales exceeded 152000, an increase of 13.4% over the same period last year. Among them, the sales of new energy vehicles represented by Galaxy L6 and L7 increased significantly, becoming the new growth pole of Geely's big leap. The same is true of Changan, DEEPAL S7 monthly sales of more than 10,000 consecutive, helping Changan sales continue to rise.
And Chery, with October sales exceeding 90,000 and terminal retail sales up 38.7% year on year, is the fastest growing car company among the top 10 in sales. Chery's difference is that, on the one hand, unlike Geely and Changan, which rely on the surge of new energy to gain sales, Chery is still gaining momentum in the field of new energy, and its growth mainly depends on fuel cars, such as Irize 8 and JETOUR travelers contributed a lot last month, and then with the development of new energy, Chery still has great potential.
On the other hand, Chery sells more in overseas markets than at home. Chery's wholesale volume in October was 192000. Excluding domestic retail, Chery's monthly sales in overseas markets may be approaching 100000.