Industry dynamics

Chinese-owned MPV brands see decline in market share

Publishtime:1970-01-01 08:00:00 Views:17
An employee works on an ambulance at a workshop of a MPV production branch of Jianghuai Automobile Group Corp Ltd in Hefei, capital of East China's Anhui province, on Feb 25, 2020. [Photo/Xinhua]

BEIJING -- Chinese-owned brands saw their share of the country's multi-purpose vehicle (MPV) market fall slightly in 2021, according to data from the China Association of Automobile Manufacturers.

Sales of Chinese-owned MPV brands fell 0.3 percent year-on-year to 720,000 units last year, accounting for 68.3 percent of the total MPV sales in the country.

Their market share declined 0.3 percentage points from 2020.

Sales of the country's top 10 MPV models reached 597,000 units, accounting for 82.9 percent of the total.