Published: 09:56, December 31, 2023 | Updated: 15:58, December 31, 2023
Chinese-brand passenger car sales up 23.8% in first 11 months
By Xinhua

Visitors learn about new energy vehicles of Chinese carmaker BYD during the 27th Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show at the Shenzhen Convention and Exhibition Center in Shenzhen, south China's Guangdong province, June 16, 2023. (PHOTO / XINHUA)

BEIJING - Chinese-brand passenger car sales jumped 23.8 percent year-on-year in the first 11 months of this year to 12.98 million units, industry data showed.

The market share of such vehicles hit 55.8 percent during the period, 6.6 percentage points higher than the same period of 2022, according to the China Association of Automobile Manufacturers.

In November alone, about 1.56 million domestic-brand passenger vehicles were sold in China, soaring 37.9 percent year-on-year.

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These sales accounted for 59.7 percent of the country's total passenger vehicle sales last month, up 5.4 percentage points compared with a year earlier.