BYD was third best-selling brand in the world in July this year

According to data from Yiche, BYD was the third best-selling brand in the world in July of this year. The data shows that BYD sold nearly half as many cars as first-placed Toyota and was just over 30,000 behind second-placed Volkswagen. Despite ranking so highly in July, so far this year, from January to July, BYD is in eighth place in the sales rankings. It should be emphasized that the results are for the brand rather than the group.

BYD sold 315,600 cars in July compared to Toyota’s 651,200 and Volkswagen’s 346,200. No other Chinese brand managed to get within the top 10, however, Chery managed to get eighteenth position with sales of 71,100 and Geely twentieth place with sales of 63,800.

1 Toyota 651,200
2 Volkswagen 346,200
3 BYD 315,600
4 Honda 280,800
5 Ford 265,400
6 Hyundai 245,900
7 Suzuki 228,400
8 Nissan 218,300
9 Kia 199,000
10 Chevrolet 198,600
11 Mercedes Benz 139,700
12 BMW 139,400
13 Tesla 112,400
14 Audi 111,000
15 Mazda 94,200
16 Fiat 72,600
17 Subaru 72,200
18 Chery 71,100
19 Jeep 64,100
20 Geely 63,800
Top 20 best-selling brands in July 2024

However, the picture regarding sales for the year so far was significantly different. Despite its strong showing in July, BYD only managed to clinch eighth place from January to July, based on sales of 1,714,100. Sales for Geely were significantly lower, at 577,700, with the brand managing eighteenth place overall. Once again, Toyota and Volkswagen were in first and second place, respectively, but Honda came in third for the year so far.

1 Toyota 4,594,000
2 Volkswagen 2,613,600
3 Honda 2,078,200
4 Ford 2,037,300
5 Hyundai 1,879,900
6 Suzuki 1,770,500
7 Nissan 1,721,700
8 BYD 1,714,100
9 Kia 1,484,000
10 Chevrolet 1,407,800
11 BMW 1,133,400
12 Mercedes Benz 1,068,400
13 Tesla 915,100
14 Audi 882,500
15 Renault 719,000
16 Mazda 665,700
17 Fiat 635,100
18 Geely 577,700
19 Jeep 538,100
20 Peugeot 533,600
Top 20 best-selling brands January to July 2024

Editor’s note:

Chinese car sales are usually more concentrated in the second half of the year, and it will be interesting to see whether the overall rankings of Chinese brands will increase by December. This data, however, shows that despite the strength of the Chinese car market, it is still relatively fragmented and that bar BYD, there is yet to be a brand that can really register on the world stage. If Chinese cars really are going to dominate the world market then we ought to be seeing at least one or two other brands in the top ten in addition to BYD.

Source: Fast Technology

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