According to the latest statistics of the Federation of Passenger Vehicles, the annual wholesale sales of domestic narrow passenger cars in 2021 reached 21.1 million units, an increase of 6.7% year-on-year. By brand, FAW-Volkswagen, SAIC-Volkswagen and SAIC-GM are still the top 3 in domestic narrow passenger car retail sales, and FAW-Volkswagen, which ranks first, will sell more than 1.8 million units in 2021.
Although FAW-Volkswagen, SAIC-Volkswagen and Shanghai GM led the sales list, the downward trend was obvious, and retail sales fell by 15.7%, 7.1% and 9.2% respectively compared with 2020. Among its own brands, Changan Automobile, Great Wall Motor and BYD Automobile have maintained a certain scale of sales while rising significantly, increasing by 18.5%, 13.4% and 73.5% respectively compared with last year's retail sales. Among them, BYD Automobile has made a sudden rise with new energy vehicles, with retail sales of more than 723,000 units, and retail sales of new energy vehicles exceeding 580,000 units, accounting for about 81% of BYD's overall sales, an increase of 221% year-on-year.
In terms of new energy vehicles, in 2021, the top 15 manufacturers in sales are BYD Automobile, SAIC-GM-Wuling, Tesla China, Great Wall Motor, GAC Aegian, SAIC Passenger Cars, Xiaopeng Motors, Chery Automobile, Weilai Automobile, Ideal Automobile, Geely Automobile, Changan Automobile, FAW-Volkswagen, United Motors, and SAIC Volkswagen. Among them, BYD, Wuling and Tesla's sales increased by more than 100% year-on-year.
In terms of SUV models, tesla Model Y has become the hegemon of sales in 2021. As a new car to be launched in 2021, Tesla Model Y sold 169,800 vehicles in the whole year, which has obvious advantages over other competitors. At the same time, the domestic brand BYD Song series models also achieved sales of 104,200 units, an increase of 444.7% year-on-year, and the performance was equally outstanding. As one of the new forces, ideal auto's only model on sale, ideal one, has annual sales of more than 90,000 vehicles, as a new force car company for eye-catching performance.
In this regard, some market views believe that the characteristics of the automobile market in 2021 are that the brand concentration and the entry threshold are both increased, electric vehicles and intelligent networked vehicles have become hot spots in the market, and traditional car companies are in the rapid transformation. In 2022, the domestic auto market will be a big arena for new energy vehicles. (Produced by Thinking Finance)■