In January this year, affected by the sustained high growth of the new energy vehicle market, the domestic passenger car market welcomed the "good start". Statistics from the Federation show that wholesale sales of narrow passenger cars in January were 2.172 million, up 6.8 per cent from a year earlier. Meanwhile, wholesale sales of new energy passenger cars reached 412000 in January, a year-on-year surge of 141.4 per cent. Industry analysts pointed out that due to the strong demand for first purchase and exchange before the Spring Festival, both new energy vehicles and traditional fuel vehicles showed a growth trend in January.
With the pick-up of the passenger car market in January, the car companies in the top ten wholesale sales of passenger cars in the narrow sense have little change compared with last year, still showing a scene of independent strength and weak joint ventures. In January, the ranking of the top 10 wholesale sales of passenger car manufacturers in a narrow sense is as follows:

SAIC Volkswagen in the joint venture car company is picking up strongly, and the Japanese system is still waiting for development.
Among the joint venture car companies, North and South Volkswagen's January sales performance is more outstanding, of which FAW-Volkswagen sold 183000 vehicles in January, although there was a 15 per cent decline compared with the same period last year, but it still ranks first in terms of volume among narrow passenger car manufacturers in wholesale sales. SAIC-Volkswagen sold 131000 vehicles in January, an increase of 51.7% over the same period last year, which is obviously a good start for its sales this year. Next, the key products driving SAIC-Volkswagen sales growth will still be concentrated in ID.. On the series of models. Industry analysts pointed out that the trend of maintaining high growth in the new energy vehicle market this year will not change. Against this background, after a year of market warming, ID. Sales of the series are expected to rise again on the existing basis.
SAIC GM sold 110000 vehicles in January, down 15.4 per cent from a year earlier. In 2021, SAIC GM sold 1.332 million vehicles, which is still outstanding in the context of lack of core and epidemic situation. This year, the continuous transformation to the new energy field will become one of the key tasks of SAIC GM. As the Cadillac LYRIQ enters the delivery phase, SAIC GM's electrified models based on the Altenon platform will also be tested by the market.
Last year, due to the lack of core, the overall performance of Japanese car companies was poor, and this state has not been significantly improved in January this year. From the narrow sense of passenger car manufacturers in January wholesale sales of the top 10 car companies, Japanese car companies only Dongfeng Nissan and Guangzhou Auto Toyota two. Of this total, Dongfeng Nissan sold 126000 vehicles in January, up 3.6 per cent from a year earlier. At present, the sales pillar of Dongfeng Nissan is still Xuanyi. According to Dongfeng Nissan's official statistics, Xuanyi accumulated terminal sales of more than 510000 vehicles in 2021, which undoubtedly makes Xuanyi the absolute main force of Dongfeng Nissan.
In the field of SUV, a new generation of Qijun, which appeared on the market last year, was unable to get rid of the fate of being rejected by consumers because of the use of three-cylinder engines in the whole department. Data show that Qijun sold only 3250 vehicles in January, a far cry from the scale of more than 10,000 units in the past. This year, after the loss of Qijun, it will be even harder for Dongfeng Nissan to maintain its growth.
Guangzhou Auto Toyota sold 100000 vehicles in January, up 11.2% from a year earlier. Since the second quarter of last year, GAC Toyota's sales have been suppressed by the chip shortage, and its sales are on the rise as the core shortage problem is alleviated in the fourth quarter. At this stage, in addition to Camry, Leiling, Hanlanda and other best-selling models, GAC Toyota has another main model-Sena. In January, Sena sold 5399 vehicles, successfully squeezing into the forefront of the MPV market, and this is the sales figure under the condition of insufficient production capacity. Next, as the core shortage problem is alleviated and production capacity continues to be released, Sena's market performance has more room to rise.
Independent car companies continued to strengthen, and Chang'an became the leader of Chinese brands in January.
In January, independent car companies occupied five seats in the list of the top 10 wholesale sales of passenger car manufacturers in the narrow sense, which is roughly in line with the monthly trend in 2021. In the past two years, under the environment of epidemic situation and continuous shortage of chips, independent besieging and joint ventures has become the new normal of the domestic passenger car market.
In terms of the ranking of independent car companies in January, Changan Automobile surpassed Geely with a score of 159000 vehicles to become the "bellwether" of its own brand. Changan Automobile sales in January to achieve a good start, can not be separated from its main models CS75 and CS55 series of super performance. According to official figures provided by Changan Automobile, both Changan CS75 and CS55 series sold more than 30, 000 vehicles in January, ranking first again in the ranking of Chinese brand SUV sales. In addition, the January sales of Yitou series and Changan UNI series have exceeded 10,000 vehicles, becoming the backbone of Changan passenger car system.
In the last two months of last year, Chang'an failed to qualify for the monthly sales ranking of TOP 10 in the narrow sense, so it is preparing for a "good start" in the coming year.
Geely sold 146000 vehicles in January, down 6% from a year earlier, but new energy vehicles showed a sharp increase. Geely sold 18000 new energy vehicles in January, including 15000 pure electric models, an increase of 641 per cent year-on-year, according to official figures from Geely. Geely's surging sales of pure electric models are inseparable from the contributions of polar krypton, geometry and Ruilan cars. Among them, the sales of geometry brands broke through the 10,000-vehicle mark in January, an increase of 391% over the same period last year. Geometry, the most cost-effective pure electric brand under Geely, will become the main force for the growth of Geely's new energy products in the future. In addition, Geely's flagship China Star series continues to sell well, with sales of 25000 vehicles in January. This year, Geely will launch a hybrid version of Xingyue L Raytheon Hi X, which will account for an increasing proportion of Geely's total sales with the growth of the Chinese Star series.
Changan and Geely, two of the independent car companies, topped the list of the top 10 wholesale passenger car sales in January, followed by other carmakers such as Great Wall, BYD and Chery. Among the last three car companies, only Great Wall saw a 15.3% decline in January sales compared with the same period last year, while the other two car companies all achieved varying degrees of growth. Among them, BYD's January sales increased by 124.1% compared with the same period last year, which is also the largest year-on-year increase in the list.
BYD's January sales continued the strong trend of 2021, inseparable from the hot performance of its new energy products. Data show that BYD's new energy passenger car sales reached 93000 in January, an increase of 361.37% over the same period last year, with both pure electric and plug-in hybrid models achieving multiple growth. It seems that in the current high growth of new energy vehicles, BYD, which holds the two trump cards of pure electricity and plug-in, is expected to hit a new high in sales this year.
Chery sold 81000 vehicles in January, up 17% from a year earlier. Last year, Chery Automobile has repeatedly entered the list of the top 10 passenger car manufacturers in the narrow sense in wholesale sales, and this year Chery continues the good situation of last year, which also lays the foundation for its next market performance.
At present, Chery's best-selling models are still Ruihu 7, Ruihu 8, Arize 5 and other mature models, at the same time, its new energy models are also rapidly expanding. Next, in addition to the eQ series, Chery QQ ice cream, which went on sale at the end of last year, will be the main force driving the growth of Chery's new energy products.



