Everyone knows how a lot the Chinese language market shapes the worldwide automotive panorama. Any modifications have a right away affect on the remainder of the auto world. Not solely does China lead the race to electrification, however the nation can also be making nice strides in applied sciences like superior driver help, synthetic intelligence, and autonomous driving.
However whilst China races to market with new improvements and much more thrilling product, one factor stays unchanged: Sedans nonetheless rule.
Although the sedan has been largely overshadowed in by SUVs in markets just like the US and Europe, the standard four-door household automobile continues to be an enormous success in China. With out that success, sedans might need already disappeared from the street completely.
Half of International Gross sales
In keeping with analysis on world automobile gross sales in 2024, China (together with Hong Kong and Taiwan) accounted for over 50 % of the world’s sedan gross sales, with 7.89 million models (+1%). Regardless of modest progress, the sedan continues to be thought-about a standing image amongst Chinese language drivers, which is why almost all Chinese language producers nonetheless produce them, in contrast to many European and American counterparts.
The second largest marketplace for sedans was the USA / Canada with 2.63 million models (+1%). Europe, surprisingly, is just in fifth place, behind the Center East (1.15 million, together with Iran) and Latin America (921,000). European shoppers have all the time most well-liked hatchbacks, station wagons, and, after all, SUVs.
Nation | Proportion of Automobiles Bought Are Sedans |
Algeria | 60% |
Algeria | 48% |
Egypt | 47% |
Saudi Arabia | 46% |
Iran | 46% |
Azerbaijan | 41% |
Malaysia | 36% |
Bahrain | 33% |
China | 33% |
Tajikistan | 33% |
Toyota Stays on Prime
Amongst producers, Toyota maintains its management within the phase with almost 2 million sedans offered in 2024. The Camry and Corolla fashions stay highly regarded, however the progress of Toyota’s SUVs has negatively impacted sedan gross sales, which fell by 7 % final 12 months. Volkswagen Group additionally noticed a decline of 4 %, with 1.82 million models.
In distinction, Chinese language manufacturers present huge progress: BYD is third with 1.51 million sedans offered (+78%), Geely is seventh with 919,000 models (+36%), whereas Changan and Chery elevated volumes by 19 % (312,000 models) and 60 % (298,000 models), respectively.
Prime Promoting Sedan Manufacturers (2024) |
Items offered (2024) |
Toyota | 1.75 Million |
BYD | 1.51 Million |
Volkswagen | 1.33 Million |
Nissan | 974,000 |
Honda | 938,000 |
Hyundai | 862,000 |
Mercedes | 691,000 |
BMW | 587,000 |
Tesla | 560,000 |
Geely | 528,000 |
Chevrolet | 514,000 |
Kia | 474,000 |
Audi | 461,000 |
IKCO | 295,000 |
Hongqi | 251,000 |
Lexus | 247,000 |
Changan | 236,000 |
Suzuki | 223,000 |
Chery | 213,000 |
Saipa | 174,000 |
The writer of the article, Felipe Munoz, is an Automotive Business Specialist at JATO Dynamics.
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