Multiple car companies release full year sales data for 2023

Recently, several car companies have released their annual sales data for 2023.


In 2023, BYD will lead the ranking of sports car companies with a sales volume of 3024417 units, a year-on-year increase of 61.8%. The main best-selling models include Seagull, Qin PLUS (specifications | inquiry), Song PLUS, etc. priced below 200000 yuan. Changan Automobile ranks second with sales exceeding 2.55 million units, with key models such as CS75 PLUS, Lumin, and Yidong. Geely Automobile's cumulative sales reached 1686516 units, an increase of 18%, and new energy sales increased by 48%. Its subsidiaries, Lynk&Co and Jike, performed outstandingly. Among the new energy brands, Aion and Ideal are leading with sales of 480000 and over 370000 units respectively. Other brands such as Wuling, FAW Toyota, and Hongqi have also achieved positive growth.

Changan Automobile's sales in 2023 exceed 255 Wanda's historical high, leading the industry trend


Changan Automobile announced its sales performance for 2023, with a total sales volume of over 2.55 million vehicles. Among them, the sales of domestic brand new energy exceeded 470000 vehicles, and overseas sales exceeded 230000 vehicles, both reaching historical highs. The company released the "Hai Na Bai Chuan Plan" at the Shanghai Auto Show, showcasing its globalization strategy, including product layout, brand building, marketing services, market layout, and talent attraction and training. Changan Automobile plans to launch at least 60 global products by 2030, create 2 global classic models with sales exceeding 500000 units, and introduce talents globally to promote new energy strategies.

Dongfeng Nissan's sales soared in December, and its new energy strategy is accelerating comprehensively


Dongfeng Nissan's sales in December 2023 reached 95204 units, a year-on-year increase of 42.8%, and received 12006 orders during the New Year period. The company announced the strengthening of the new energy sector and plans to launch 10 locally developed new energy vehicle models in the next three years, including 4 Nissan and 6 Qichen models. The first independently developed Nissan brand new energy vehicle is expected to be launched in the second half of 2024, and multiple new models will be launched in the future. Nissan is accelerating the research and development of all solid state battery technology, with plans to launch pilot factories in 2024 and mass produce in 2028. Meanwhile, Dongfeng Nissan plans to start exporting from 2025, with a target of 100000 vehicles per year.

Great Wall Motor


Great Wall Motors' sales in 2023 are also quite good. The annual sales of new energy passenger vehicles reached 261546 units, a year-on-year increase of 98.4%. However, as Great Wall Motors has not separately announced its sales targets for new energy passenger vehicles, we are unable to evaluate its achievement status. However, considering its overall sales growth trend, it can be inferred that its development momentum in the field of new energy is good.

SAIC Group's performance in the new energy vehicle market is also very impressive. Last year, 1.123 million new energy vehicles were sold, ranking second among Chinese car companies. In December, sales reached a historic high of 219000 units. Both domestic and joint venture brands have performed well, especially brands such as Zhiji Automobile, SAIC Motor Passenger Vehicle, and SAIC GM Wuling, which have achieved significant growth in the field of new energy. This indicates that SAIC Group's layout and investment in the new energy vehicle market are yielding returns.

Geely Auto

Geely Automobile also achieved a historic breakthrough in sales in 2023. The cumulative sales volume for the whole year was 1686516 vehicles, a year-on-year increase of about 18%, exceeding the target of 1.65 million vehicles for the whole year. Among them, the sales volume in December was 150453 units, a year-on-year increase of about 3%. Geely Automobile's development in the field of new energy is also quite rapid, with a cumulative sales volume of 487461 new energy vehicles for the whole year, exceeding 48% year-on-year, achieving positive year-on-year growth for 11 consecutive months. Among them, the sales volume of new energy vehicles in December was 60447, an increase of about 36% year-on-year. Geely Automobile has also set itself a sales target for 2024: a total of 1.9 million vehicles, with new energy sales increasing by over 66%.

SAIC Group's performance in the new energy vehicle market is also very impressive. Last year, 1.123 million new energy vehicles were sold, ranking second among Chinese car companies. In December, sales reached a historic high of 219000 units. Both domestic and joint venture brands have performed well, especially brands such as Zhiji Automobile, SAIC Motor Passenger Vehicle, and SAIC GM Wuling, which have achieved significant growth in the field of new energy. This indicates that SAIC Group's layout and investment in the new energy vehicle market are yielding returns.

Geely Auto

Geely Automobile also achieved a historic breakthrough in sales in 2023. The cumulative sales volume for the whole year was 1686516 vehicles, a year-on-year increase of about 18%, exceeding the target of 1.65 million vehicles for the whole year. Among them, the sales volume in December was 150453 units, a year-on-year increase of about 3%. Geely Automobile's development in the field of new energy is also quite rapid, with a cumulative sales volume of 487461 new energy vehicles for the whole year, exceeding 48% year-on-year, achieving positive year-on-year growth for 11 consecutive months. Among them, the sales volume of new energy vehicles in December was 60447, an increase of about 36% year-on-year. Geely Automobile has also set itself a sales target for 2024: a total of 1.9 million vehicles, with new energy sales increasing by over 66%.

Wenjie Automotive


The sales performance of Wanjie Automobile in 2023 is also quite good. 94380 new cars were delivered throughout the year. The delivery volume in December reached 24468 vehicles, a month on month increase of 29.96%. This indicates that the position of Wanjie Automobile in the new energy vehicle market is gradually improving and has been recognized by consumers.

Red Banner

Red Flag Motors also achieved significant growth in retail sales in 2023. The annual retail sales exceeded 370000 units, a year-on-year increase of 29.5%, achieving six consecutive years of positive growth. Among them, the retail sales of new energy exceeded 85000 units, a year-on-year increase of 135%, and the penetration rate of new energy sales was 23%. This indicates that Hongqi Automobile's competitiveness in the new energy vehicle market is gradually increasing.

FAW Toyota

FAW Toyota's sales in 2023 are also quite impressive. The annual retail sales reached 800018 units, a year-on-year increase of 4.1%. Among them, the sales proportion of electrified models reached 35.6%, and the sales proportion of high-end models was as high as 49.8%. This indicates that FAW Toyota's product line is becoming increasingly diverse and its brand image is constantly improving.

In summary, each car company has its own unique sales performance in 2023. BYD, GAC Aion, Ideal Automobile, Geely Automobile and other car companies have performed particularly well in the new energy vehicle market, while brands such as Hongqi Automobile and FAW Toyota have also occupied a place in the market. Looking ahead to 2024, various car companies will continue to increase their investment and competition in the new energy vehicle market, and we believe there will be more exciting performances worth looking forward to.

Article source: Reprinted from Autohome