China’s domestic manufacturers increase market share


International brands will have to fight hard to recover their market positions in China, writes Ian Henry

The latest Registrations Datablast is now available. Here we take a deep dive into the data on China and the increasing significance of domestic manufacturers. The Chinese market grew by 7.6% in 2024, up to 23.12 million units from 2023’s total of 21.48 million. Domestic manufacturers took just over 59% of the market in 2024, up 9.6% over 2023, as shown in the chart below.

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China’s domestic manufacturers increase market share



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