Tesla's sales in China drop significantly as local competitor BYD experiences a surge, highlighting changes in the Chinese electric vehicle market.

In 2024, approximately **** million passenger cars and **** million commercial vehicles had been sold in China. Passenger vehicle sales regained growth since 2021 after three consecutive years of decline. Vehicles sales The automobile industry has been a major driving force in China’s economic momentum and, despite slowing growth, expected to continue fueling the economy. China was the world’s leading car producing country in 2023, producing approximately ** million passenger cars and claiming ******* of total global vehicle production. However, while passenger car sales in China have been skyrocketing since 2008, they have slowed somewhat since 2017. Type of vehicles During the slowdown in the vehicle sales in China, the sale of minivans, multipurpose vehicles (MPV) and sedans have slowed, but the number of SUVs sold has increased in the same year, although all sales for passenger cars started slowing down since 2017. While the gas guzzling SUV is the most popular type of passenger car in China, the production of new energy vehicles is also on the rise since the government has been promoting their use. The export value of electric passenger vehicles from China surged in recent years.

Apple's iPhone sales drop in China due to AI challenges and competition, with attention shifting towards emerging markets for potential growth.

Discover how Remy Cointreau is navigating a challenging fiscal year with potential sales declines in key markets like the U.S. and China due to tariffs and economic pressures, while implementing cost-cutting strategies.

Retail Sales in China increased 4.80 percent in June of 2025 over the same month in the previous year. This dataset provides - China Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In December 2023, approximately *** million passenger cars and ******* commercial vehicles were sold in China, an increase compared to the previous month. Automobile demand in China China is home to the world’s largest market for automobile sales. Despite the recent decline in passenger car sales in China during the COVID-19 pandemic, the market bounced back and in 2023, the sales exceeded ** million units, making it the highest figure in the past years. Chinese car manufacturers China’s automobile market used to be dominated by international car manufacturers until recently. In 2021, Chinese manufactured vehicles had a market share of about **** percent in the Chinese vehicle market, followed by German vehicles and Japanese vehicles. The leading passenger car manufacturer is FAW-Volkswagen, which reported sales of about *** million vehicles in the same period.

Total Vehicle Sales in China increased to 2686000 Units in May from 2590000 Units in April of 2025. This dataset provides - China Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In fiscal 2024, Nike's footwear revenue from Greater China amounted to over 5.5 billion U.S. dollars. This was just slightly more than in the previous financial year. Apparel and equipment revenues also grew slightly in 2024. The share of footwear sales have increased significantly since the 2010s, but have remained at a fairly consistent level in the last four years. Nike outside the U.S. Nike is an American company with headquarters in Oregon, and enjoys huge success in the domestic market. North America has consistently been Nike’s largest market, generating over 21 billion U.S. dollars in fiscal 2024. The company’s success does not end there, however. The brand is recognised the world over, with iconic products, marketing campaigns and sponsorships. Nike operates nearly 670 stores outside of the United States. Topping the table This worldwide success and recognition led to Nike being the most valuable apparel brand in 2023. Nike had a brand value of over 31 billion U.S. dollars. This was a decrease of roughly five and a half percent on the previous year. The sportswear company beat luxury fashion houses and fast fashion giants. Louis Vuitton ranked second on the list and adidas came fifth.

Spring Festival in 2023 saw a seven percent drop in retail sales at maternity and convenience stores in China compared to the previous year. In comparison, small-scale supermarkets increased their retail sales by nearly ** percent during the Chinese New Year that year compared to 2022.

Porsche reports a 28% drop in China sales for 2024, highlighting challenges in the world's largest car market amid economic uncertainties.

China Automobile: Sales: CKD data was reported at 0.000 Unit in 2024. This records a decrease from the previous number of 2,050.000 Unit for 2023. China Automobile: Sales: CKD data is updated yearly, averaging 281,731.000 Unit from Dec 2004 (Median) to 2024, with 21 observations. The data reached an all-time high of 424,428.000 Unit in 2005 and a record low of 0.000 Unit in 2024. China Automobile: Sales: CKD data remains active status in CEIC and is reported by China Association of Automobile Manufacturers. The data is categorized under China Premium Database’s Automobile Sector – Table CN.RAB: Automobile Sales: Annual.

New Home Sales YoY in China decreased to -23 percent in June from -8.60 percent in May of 2025. This dataset includes a chart with historical data for China New Home Sales YoY.

Retail Sales in China decreased 0.16 percent in June of 2025 over the previous month. This dataset provides - China Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mercedes-Benz's global sales fell by 3% in 2024, driven by reduced demand in China and Europe, affecting BEV sales and prompting profit margin revisions.

BMW reports a 4% decline in 2024 sales amid economic challenges, with a notable BEV segment growth despite downturns in China and Germany.

In the second quarter of 2024, dry wine dominated the wine market on the Chinese interest-based e-commerce platform Douyin, with a market share of nearly ** percent. However, dry wine saw a sales decline on Douyin compared to the same period in 2023, while sweet wine recorded a significant sales growth.

China Sales Revenue of New Product: SI: Mfg: Garment & Apparel data was reported at 215,594.390 RMB mn in 2023. This records a decrease from the previous number of 223,295.886 RMB mn for 2022. China Sales Revenue of New Product: SI: Mfg: Garment & Apparel data is updated yearly, averaging 181,431.395 RMB mn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 223,295.886 RMB mn in 2022 and a record low of 126,655.314 RMB mn in 2012. China Sales Revenue of New Product: SI: Mfg: Garment & Apparel data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OS: Research and Development: Sales Revenue of New Product: Secondary Industry.

China Retail Sales of Consumer Goods: ow: excl Automobile data was reported at 2,384.100 RMB bn in Mar 2020. This records a decrease from the previous number of 3,434.900 RMB bn for Dec 2019. China Retail Sales of Consumer Goods: ow: excl Automobile data is updated monthly, averaging 3,109.700 RMB bn from Jul 2019 (Median) to Mar 2020, with 7 observations. The data reached an all-time high of 3,487.600 RMB bn in Oct 2019 and a record low of 2,384.100 RMB bn in Mar 2020. China Retail Sales of Consumer Goods: ow: excl Automobile data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HA: Retail Sales of Consumer Goods: National Statistical Bureau.

China Retail Sales Nowcast: YoY data was reported at 4.595 % in 12 May 2025. This records a decrease from the previous number of 4.760 % for 05 May 2025. China Retail Sales Nowcast: YoY data is updated weekly, averaging 4.123 % from Feb 2021 (Median) to 12 May 2025, with 224 observations. The data reached an all-time high of 33.557 % in 12 Apr 2021 and a record low of -8.176 % in 16 May 2022. China Retail Sales Nowcast: YoY data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s China – Table CN.CEIC.NC: CEIC Nowcast: Retail Sales.

China Automobile: Sales: Truck data was reported at 3,362,203.000 Unit in 2024. This records a decrease from the previous number of 3,539,241.000 Unit for 2023. China Automobile: Sales: Truck data is updated yearly, averaging 3,000,239.000 Unit from Dec 1998 (Median) to 2024, with 26 observations. The data reached an all-time high of 4,685,147.000 Unit in 2020 and a record low of 567,859.000 Unit in 1998. China Automobile: Sales: Truck data remains active status in CEIC and is reported by China Association of Automobile Manufacturers. The data is categorized under China Premium Database’s Automobile Sector – Table CN.RAB: Automobile Sales: Annual. This sales data comes from the yearbook of China Association of Automobile Manufacturers (CAAM). As the published data are not directly processed by the statistical department of the association, the data is different from the data released directly by the association, especially the earlier historical data.