According to the latest figures released by the China Association of Automobile Manufacturers (CAAM) in January 2025, sales of Chinese brand passenger vehicles hit 1.459 million units. This represents a month-on-month decrease of 29.3% but a notable year-on-year increase of 14.1%. Chinese brands accounted for 68.4% of the total passenger vehicle sales in January, marking an 8-percentage-point increase in market share compared to the same period last year.