Chui Dongshu, President of the China Passenger Car Association: By July 2025, China will hold a 34% share of the global car market.

Cui Dongshu, Secretary-General of the China Passenger Car Association, stated in an article that in 2025, the global market will further differentiate, and China's market share will gradually increase. In early 2025, with the gradual implementation of two new subsidy policies, China's car sales rebounded, reaching a market share of 34% in January. However, due to the factors of the February Chinese New Year and temporarily high markets in the US, Japan, and other countries, China's world market share in February was only 31%. With the promotion of subsidies for trading in old vehicles for new ones, the Chinese car market strengthened month by month, and by July, China's world market share had increased to a good level of 34%, an increase of 3 percentage points from the previous year. Chinese domestic brands have comprehensively increased their global market share. BYD, Geely, Chery, Changan, and other domestic brands have shown strong performance. The recent rapid development of new energy vehicles has strengthened the trend of Chinese domestic car companies, with BYD ranking 6th in the world, Geely 9th, and Chery 11th. The development of electrification has also led to the gradual decline of some international car companies. Apart from temporary factors such as the strong US market and the good performance of Suzuki in the Indian market, the market share of other international brands has declined significantly.