Saturday, February 8, 2025

Almost 50 percent of all new cars are from China

Almost 50 percent of all new cars came from China in November 2024. And the dominance of the Chinese is only expected to grow in the coming years.

China dominated the global car market in 2024, supplying almost half of all new cars worldwide.

In November 2024, China's share of global car sales reached a remarkable 41 percent – the highest market share ever for cars built in China.

In comparison, the United States was far behind with a share of 18.2%, followed by India, Japan and Germany.

According to Cui Dongshu, secretary-general of the China Passenger Car Association (CPCA), Chinese dealers sold 3.316 million vehicles in November alone.

This is what Auto Drive writes.

This development is not a coincidence, but part of a larger trend. In the first 11 months of 2024, global car sales reached 82.01 million vehicles, an increase of 2 percent compared to the previous year. China accounted for 34.1 percent of total global sales.

China's dominance is remarkable, especially considering that the country did not have a significant automotive industry just a few decades ago.

China's market share has increased from an average of 30 percent between 2016 and 2018 to the current almost 50 percent. However, it was in November that it looked like this.

China also saw growth in March and April, combined with a stable market share of 33 percent in May and June, paving the way for the record-breaking performance.

China's success is not just about the number of cars. Among the world's ten largest automakers, only three – BYD, Geely and Chery – increased their market share in 2024. All three brands come from China.

The forecasts for the future remain positive. At least in the eyes of the Chinese. Expectations for total car sales in 2024 are somewhere between 31 and 31.3 million vehicles.

A growth of 4 percent compared to the previous year. People from the China Association of Automobile Manufacturers (CAAM), China EV100 and CPCA predict a further increase of 3 percent in 2025. Which means that motorists around the world will buy a good 32 million cars from China before the end of the year.

The development clearly illustrates how the automotive world has changed. Previously, it was the USA that dictated trends, design and taste. While the rest of the world's car brands simply followed suit. Now the ball is in China's court.

Something that many Danes in particular have a hard time swallowing. You have to go all the way down to tenth place among the most popular brands to find a Chinese brand in Denmark. Namely Volvo. The closest competitors BYD and Xpeng can only barely stay in the top 20.

The question now is how long it will take for China's share of 41 percent to effectively become half of the market.

Latest

Don't miss

Gasoline car dies after 6 kilometers – cannot be repaired

General Motors has huge problems with the V8 engines...

Car brands are firing all their dealers in Denmark

On February 6, both Ford and Hyundai, which are...

Volvo confirms – laser in new car destroys iPhone

Another problem has emerged for Volvo's flagship EX90. It...

180,000 hybrid cars recalled – can burn out

Tech giant Samsung has taken responsibility for 180,000 hybrid...

Nissan and Honda drop merger – could go bankrupt

Nissan and Honda reportedly have a large-scale plan to...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Car giant closes down – 1,000 employees to be laid off

Stellantis is leaving the English city of Luton. It normally builds vans here. But now the 1,000 employees there are to be laid off....

180,000 hybrid cars recalled – can burn out

Tech giant Samsung has taken responsibility for 180,000 hybrid cars from a variety of car brands being burned out due to battery defects. Samsung...

Created by Ken Block – Hoonitruck sold for a crazy amount

Late rally star Ken Block has certainly not been forgotten. His Ford F-150 'Hoonitruck' recently sold for a whopping sum at auction. The late...

Porsche in a U-turn – focusing more on the combustion engine

Electrification has taken a back seat at Porsche in Zuffenhausen. The management will now focus more on the combustion engine. Porsche is now increasing...

Ferrari has had enough – tasteless cars must be stopped

Ferrari has had enough of rich customers with absurd requests. Now the Maranello-based car brand is going to further reduce what is allowed by...

FDM: These electric cars most often fail at sight

Survey data for the 20 most popular electric cars in Denmark shows that things are in bad shape. In any case, the scrap rate...

There's room for a V8 in the new Mercedes C63

Both AMG and Mercedes will probably say that it can't be done. But that's a lie. Because there's plenty of room for a V8...

Ford wants to build electric cars with gasoline engines

We have ICE, BEV PHEV, HEV and now also R-EV cars. These are electric cars with gasoline engines, which Ford, among others, will build....

Russia's new electric car runs on 50 screwdrivers

Okay - the car may not be new. But there's still room for the 50 screwdrivers, right where the Lada's engine would otherwise have...

The world's fastest car burns tires in sixth gear

Can you pull a burner in sixth gear? Ork, yes. No problem. At least not in the world's fastest car. The Koenigsegg Jesko is...

56 percent of electric car owners make the same mistake

A new study shows that more than half of electric car owners make the same mistake in their cars, even when the weather is...

Volvo engulfed in flames – celebrity could have been killed

Finnish comedian and TV star Jukka Hildén, best known in Denmark for The Dudesons, lost his Volvo XC90 in a sea of flames on...