China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part I)

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In the first week of August, many Chinese automakers released their sales figures for July. Looking back on July, China’s new-energy vehicle sales continued to rise, and the momentum of development remains rapid. At the same time, a group of luxury brands, led by BMW, announced that they were withdrawing from the “China Auto Price War” to protect their brand value, and began to adjust their prices back. On the contrary, the independent brand is still steady, in the volume of prices at the same time, but also do not forget to research technology, so consumers will pay for it? Let’s take a look at the sales performance of China’s major automakers in July!

Major Chinese Car Brands：

The overall results of Chinese auto brands are still very good, the head of several auto groups, BYD, Chery, Changan, and Geely model sales of more than 150,000 units, although individual car companies only released some of the data, but the comprehensive January-July sales, most of them are still steady to good trend.

1. BYD

BYD officially released that July sales amounted to 342,383 units, of which 340,799 passenger cars were sold, up 30.5% year-on-year. The BYD Dynasty + Ocean series sold a total of 328,178 units, up 31.3% year-on-year.

As for other brands, Denza Auto sold 10,340 units in July, Yangwang Auto sold 439 units in July, and the Formula Leopard brand sold 1,842 units in July. Meanwhile, BYD exported a total of 30,014 units overseas in July, a year-on-year increase of 65.2%.

2. chery

Chery Holdings Group released a sales snapshot, the overall automobile sales in July were 195,759 units, an increase of 30.1% year-on-year. Among them, 90,281 units were exported overseas, up 16.8% year-on-year; 45,370 units of new energy vehicles were sold, up 254.5% year-on-year. From January to July, Chery Group sold a total of 1,296,380 vehicles, up 45.4% year-on-year.

In terms of a single brand, Chery auto sold 123,123 vehicles in July, up 20.4% year-on-year; January-July sales of 829,890 vehicles, up 38.3% year-on-year; Exeed auto sold 14,443 vehicles in July, up 26% year-on-year; January-July sales of 68,890 vehicles, up 28.3% year-on-year. Jetour Auto sold 41,106 vehicles in July, up 91.1% year-on-year; January-July sales of 264,661 vehicles, up 97.7% year-on-year; iCAR auto’s first product has been on the market for five months, with sales of 6,065 vehicles in July; cumulative sales so far this year are 31,651 vehicles.

3. Geely

Geely Automobile officially said that July 2024 sales were 150,782 units, up 13% year-on-year; January-July cumulative sales of 110,6512 units, up over 36% year-on-year. Among them, July new energy sales of 59,051 units, up 58%; January-July new energy cumulative sales of 379,236 units, an increase of 105%. July overseas export sales of 32,382 units, up 65%; January-July overseas export cumulative sales of 229,810 units, an increase of 67%.

From a single brand point of view, Geely’s auto sales of 113,855 units in July, January-July cumulative sales of 855,715 units, an increase of more than 30% year-on-year. Among them, the Geely Galaxy series sold 16,704 units in July, an increase of more than 66% year-on-year, and the cumulative sales from January to July totaled 98,125 units, an increase of more than 397% year-on-year. China Star – Premium Series sold 34,244 units in July, up 24% year-on-year.

The LYNK&CO auto sold 21,272 units in July, with cumulative sales of 147,272 units from January to July, an increase of more than 48% year-on-year. Among them, the new energy family of LYNK&CO sold 15,094 units in July. Overall July new energy models accounted for 71% of Link’s total sales, a record high. It is reported that LYNK&CO’s first pure electric model Z10 will be officially listed in September.

Zeekr brand sales in July were 15,655 units, an increase of 30% year-on-year, and January-July cumulative deliveries of 103,525 units, an increase of 89% year-on-year. Currently, Zeekr has made its deliveries exceed 300,000 units in just 33 months.

4. Changan

Chang’an Automobile’s overall sales in January-July 2024 amounted to 1,504,682 units, an increase of 5.7% year-on-year. Among them, Changan Automobile’s independent brand New Energy sold 344,483 units in January-July, up 59.8% year-on-year; Changan Automobile’s independent brand overseas sold 228,607 units in January-July, up 67.6% year-on-year; and Changan’s series of Chinese-branded passenger cars sold 919,075 units in January-July, up 1.8% year-on-year.

In terms of individual brands, Changan Qiyuan delivered 85,413 units in January-July, Deepal Auto delivered 100,579 units in January-July, and Avatr delivered 32,655 units in January-July. Changan Auto sold 715,895 units in January-July, Changan Kaicheng sold 141,086 units in January-July, Changan Ford sold 128,432 units in January-July, and Changan Mazda sold 41,169 units in January-July.

Among them, Avatr delivered 3,625 units in July, up 103% year-on-year. At the same time, Avatr also took the initiative to carry out channel changes, with direct + agent dual-line parallel mode, to accelerate the construction of channel capacity, and to provide users with more convenient and better quality of service. It is worth mentioning that this year, Avita will bring two new models, namely Avatr 07 (expected to be launched in September) and Avatr 12 Extended Range Version (expected to be launched within the fourth quarter).

A total of 16,721 units of Deepal cars were delivered in July, and in July, the delivery of the Deepal G318 was officially opened, while the Deepal S07 was also launched, which was available in 10 models at a good price.

5. GWM

Great Wall Motor sold 91,285 units in July, down 16.32 percent year-on-year. 650,954 units were sold in the January-July total, up 3.6 percent year-on-year. In terms of brands, almost all of them, except for the Tank auto, saw a year-on-year decline. Haval Auto sold 52,944 units this month, down 15.92% year-on-year, with cumulative sales of 352,682 units from January to July, down 0.82% year-on-year. 2,765 units of WEY auto were sold this month, down 58.43% year-on-year, with cumulative sales of 22,632 units from January to July this year. Great Wall pickup truck sales of 12,028 units, down 24.07% year-on-year, with cumulative sales of 103,944 units from January to July this year.

Ora Auto sold 4,780 units this month, down 52.75% year-on-year, with cumulative sales of 36,529 units from January to July. Tank Auto realized significant growth, selling 18,682 units this month, up 38.49% year-on-year. Cumulative sales from January to July this year totaled 134,720 units, up 87.59% year-on-year.

6. ARCFOX

ARCFOX Vehicles has reported its July 2024 sales of 8,017 units, a 329% increase from the previous year. The Extreme Fox brand has sold over 8,000 units for two consecutive months.

7. Voyah

Voyah Auto released its July sales, delivering 6,015 units in July, up 76% year-on-year, and a total of 36,391 units from January to July, up 97% year-on-year. Meanwhile, Voyah officials said that the fourth model of the Voyah Zhiyin is scheduled to open for pre-sale in August this year.

8. IM

IM Automobile announced July sales of 6,017 units, a year-on-year increase of 249%, of which IM LS6 charged to win the mid-size pure electric SUV market in July, IM L6 also had a good performance, in the 200,000-grade mid-size pure electric sedan sales list ranked in the top three.

Maybe you’d like to read:

  1. China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part II)
  2. https://ichelabamotor.com/blog/chinas-auto-sales-list-in-july-chinas-auto-price-war-turns-white-hot-part-ii/9793/ichelabamotor-com/
  3. China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part III)
  4. https://ichelabamotor.com/blog/chinas-auto-sales-list-in-july-chinas-auto-price-war-turns-white-hot-part-iii/9801/ichelabamotor-com/

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