China is home to many car manufacturers, and they are all vying for a slice of the global automotive market. The Chinese consumers are incredibly important to these companies, and they are always looking for the latest and greatest cars. Some of the largest Chinese car manufacturers include Volkswagen Group, General Motors, and Ford.
The Chinese carmakers are catching up fast, and with China now being the world’s largest car market, they’re only going to get better. The market is huge and there are many companies competing for a piece of it. Some of the biggest players in the Chinese car industry include Volkswagen AG (VWAGY), General Motors Co (GM), and Ford Motor Co (F). All three of these companies are looking to expand their presence in China, and all have made significant investments in the country over the past few years. This growth has been helped by relaxed safety regulations in China, which means that cars can be more affordable than they are in other developed countries.
Who is the biggest car manufacturer in China?
China’s automotive industry has been the world’s largest since 2009, and it is obvious that the industry has a huge capacity and potential. Many experts agree, but there are some challenges that need to be addressed. For example, the Chinese government is still trying to support domestic automakers while also promoting global brands. This creates a conflict of interest, which can slow down innovation and progress. Additionally, China’s auto industry is plagued with corruption and safety issues. However, if these problems are solved, China has the potential to become a leader in automotive technology.
China’s Biggest Car Manufacturers:
The Chinese car industry is one of the most important in the world, and it’s no wonder that the biggest car manufacturer in China is a Chinese company.
Here are the top five Chinese car manufacturers ranked by sales:
#1 Brilliance Auto Group
Brilliance Auto Group is a Chinese car manufacturer producing an array of passenger cars as well as microvan and car parts.
#2 Faw Group
Faw Group is one of the largest car manufacturers in China, and it ranks fifth in terms of market share.
#3 Great Wall Motors
Great Wall Motors has become one of the most successful Chinese car manufacturers.
#4 Dongfeng Motor Corporation
Dongfeng Motor Corporation (DFM) is one of the largest Chinese car manufacturers.
#5 SAIC Motor
The company manufactures and sells vehicles, engines, and other automotive components
#6 Geely
The Chinese automaker, Geely, has emerged as a key player in the global car industry
#8 BYD Auto
The company was founded in 2008 and has since released several models, including the BYD F3, the BYD Qin, and the BYD e6.
#9 Foton
Foton Motor Corporation, headquartered in Changsha, China, is the largest car manufacturer in the world by sales volume.
#10 Hongqi
The Chinese car market is dominated by domestic manufacturers and their luxury brands
#11 Jiangling
Brilliance Auto Group is a Chinese car manufacturer producing an array of passenger cars as well as microvan and car parts.
#12 Chery
China is the world’s largest automotive market, and the country produces more cars than any other country.
#1 Brilliance Auto Group
Since 2003, Brilliance Auto Group has been manufacturing cars in the People’s Republic of China. The company currently has three models in its line-up: the Brilliance B10, Brilliance B20, and Brilliance B30. All three models are powered by a 1.5-liter engine that produces 103 horsepower and 102 lb-ft of torque. These engines are mated to a six-speed manual transmission or a five-speed automatic transmission. The company also offers a choice of two different chassis designs: the hatchback or the station wagon. Both configurations come with front and rear-wheel drive.
Brilliance Auto Group is a Chinese car manufacturer producing an array of passenger cars as well as microvan and car parts. The company is in a joint venture with FAW-Volkswagen, with the two companies sharing ownership and responsibility for the day-to-day operations of Brilliance. The company was founded by former FAW employees in 2008, and its headquarters are located in Changchun, Jilin Province. Brilliance has a reputation for producing high-quality cars, and it currently sells models in China and some Southeast Asian countries.
| Trade name | Brilliance Auto Group |
|---|---|
| Type | state-owned enterprise |
| Industry | Automotive |
| Founded | 1992; 30 years ago (Brilliance Auto) 2002 (current incorporation of Huachen Automotive Group) |
| Founder | Chinese GovernmentYang Rong |
| Headquarters | Shenyang City, Liaoning Province, China |
| Area served | Exported worldwide |
| Key people | Yan Bingzhe(Chairman and Party Committee Secretary of the Group; CEO of Brilliance Auto)Wu Xiao-an(Chairman of Brilliance Auto; director of the Group) |
| Products | Automobiles Automotive components |
| Brands | BrillianceHuasongJinbeiZhonghua |
| Revenue | CNY181130 million (2019) |
| Net income | CNY279 million (2019) |
| Total assets | CNY195348 million (2019) |
| Total equity | CNY4992 million (2019) |
| Owner | Liaoning Provincial Government(80%)Liaoning Social Security Fund(20%) |
| Number of employees | 5,610 (Brilliance Auto only)[3] (2019) |
| Parent | Liaoning Provincial Government’s SASAC |
| Subsidiaries | Brilliance Auto (SEHK: 1114; 42.32%) |
| Simplified Chinese | 华晨汽车集团控股有限公司 |
| Traditional Chinese | 華晨汽車集團控股有限公司 |
| Hanyu Pinyin | Huáchén qìchē jítuán kònggǔ yǒuxiàn gōngsī |
| Literal meaning | “China morning” automotive group holding |
#2 Faw Group
Faw Group is a Chinese car manufacturer founded in 1949. The company produces both passenger cars and commercial vehicles. In 2009, the company had sales of $10 billion. Faw Group is one of the largest car manufacturers in China, and it ranks fifth in terms of market share.
Fiat Chrysler Automobiles NV (FCA) is the largest automaker in the world by production volume. The company manufactures cars, vans, SUVs, and pickup trucks under the Dodge, Fiat, Jeep, Ram, and SRT brands. General Motors Co., Ford Motor Co., Nissan Motor Co., Toyota Motor Corp., and Volkswagen AG are also major automakers in China. All of these companies have factories in China employing more than two million workers.
| Type | State-owned enterprise |
|---|---|
| Industry | Automotive |
| Founded | 15 July 1953; 69 years ago |
| Headquarters | Changchun, Jilin, China |
| Area served | China, Eastern Europe, Asia Pacific (except Taiwan, South Korea, and Japan), Africa, and the Middle East |
| Key people | Xu Liuping (Chairman) Xu Xianping (President) |
| Products | Automobiles Buses Trucks Automotive components |
| Production output | 3,500,000 units (2021) |
| Revenue | RMB 292.7 billion (2010) |
| Number of employees | 132,000 (2007) |
| Parent | SASAN |
| Divisions | Hongqi Besturn |
| Subsidiaries | show list |
#3 Great Wall Motors
The Chinese car market has seen a meteoric rise in recent years, and one of the leading players in this market is Great Wall Motors. With roots dating back to 1984, Great Wall Motors has become one of the most successful Chinese car manufacturers. The company’s products range from small economy cars to high-end luxury vehicles, and it is well known for its affordable but reliable vehicles. Great Wall Motors is also a major player in the export market, selling its cars in countries such as India and Brazil. With an ever-growing customer base and ambitious plans for growth, Great Wall Motors is poised for continued success in the years to come.
| Type | Public |
|---|---|
| Traded as | SEHK: 2333 |
| Industry | Automotive |
| Founded | 1984; 38 years ago |
| Headquarters | Baoding, Hebei, China |
| Area served | Worldwide |
| Key people | Wei Jianjun (Chairman)Wang Fengying (CEO)(acting) |
| Products | Automobiles, engines, transmissions, electric vehicles |
| Revenue | CN¥98.62 billion (2016) |
| Operating income | CN¥12.27 billion (2016) |
| Net income | CN¥10.55 billion (2016) |
| Divisions | GWM Haval ORA POER WEY TANK |
| Simplified Chinese | 长城汽车股份有限公司 |
| Traditional Chinese | 長城汽車股份有限公司 |
| Simplified Chinese | 长城汽车 |
| Traditional Chinese | 長城汽車 |
#4 Dongfeng Motor Corporation
Dongfeng Motor Corporation (DFM) is one of the largest Chinese car manufacturers. It was founded in 1984 and operates in both the passenger and commercial vehicle markets. Dongfeng produces a wide range of vehicles, including sedans, SUVs, pickup trucks, minivans, and cargo vans. In 2013, DFM sold over 12 million cars worldwide.
Dongfeng Automobile Co., Ltd. (东风汽车) is a Chinese government-owned manufacturer and one of the “Big Four” Chinese automakers. Dongfeng has joint ventures with various foreign automakers, including Ford Motor Company, General Motors, Mitsubishi Motors, PSA Peugeot Citroën, Renault SA, and Nissan Motor Co., Ltd. Dongfeng also has strategic partnerships with Indian automaker Maruti Suzuki India Ltd. and Russian automaker Sollers Holding AG. In 2016, Dongfeng ranked as the sixth largest passenger car company in the world based on sales.
| Native name | 东风汽车集团有限公司 |
|---|---|
| Type | State-owned enterprise |
| Industry | Automotive |
| Predecessor | Dongfeng Heavy Industries Dongfeng Locomotive Works |
| Founded | 1969; 53 years ago |
| Headquarters | Wuhan, Hubei, China |
| Area served | mainland China |
| Key people | Zhu Yanfeng (Chairman)[1] |
| Products | Passenger cars Commercial vehicles Buses Automotive components |
| Revenue | 601,501,280,000 renminbi (2018) |
| Owner | Chinese Government (100%) |
| Parent | SASAN |
| Subsidiaries | Dongfeng Motor Group(66.86%)Dongfeng Yulon(JV–50%)Dongfeng Yueda Kia(JV) |
#5 SAIC Motor
SAIC Motor Corporation is one of the largest automotive companies in China. The company manufactures and sells vehicles, engines, and other automotive components. In 2008, SAIC Motor acquired the Swedish automaker Volvo. As a result of the acquisition, SAIC Motor became the second-largest automaker in Sweden.
SAIC Motor Co. is a Chinese car manufacturer that is owned by the Chinese government. This is not unusual in China, as many of the country’s car manufacturers are owned by the government. Although this may seem inconvenient to some, it has actually allowed these companies to become some of the world’s leading automotive manufacturers.
SAIC Motor Co. was founded in 1958 and became one of China’s leading car manufacturers. The company produces a variety of vehicles, including passenger cars, sport utility vehicles, and trucks. SAIC also manufactures motorcycles and bicycles.
Although SAIC Motor Co. is owned by the Chinese government, it has managed to remain one of China’s leading automakers despite these challenges. This is due in part to the company’s skilled workforce and its ability to adapt to changing market conditions. Additionally, SAICMotor Co.
| Type | State-owned |
|---|---|
| Traded as | SSE: 600104 |
| Industry | Automotive |
| Founded | 1955; 67 years ago as Shanghai Internal Combustion Engine Components Company1995; 27 years ago as Shanghai Automotive Industry Corp. (Group) 2011; 11 years ago as SAIC Motor Corporation Limited |
| Headquarters | Anting, Shanghai, China |
| Key people | Chen Hong (Chairperson)Wang Xiaoqiu (President) |
| Products | Automobiles, commercial vehicles |
| Production output | 5,400,000 units (2021)[1] |
| Revenue | CN¥ 796,180,000,000 billion (2020) |
| Net income | 20,431,037,480 renminbi (2020) |
| Total assets | 919,414,755,790 renminbi (2020) |
| Number of employees | 204,815 (2020) |
| Parent | Shanghai’s State-owned Assets Supervision and Administration Commission (71.2%) |
| Divisions | Maxus Roewe MG Motor Nanjing Automobile |
Conclusions
In conclusion, China is now the world’s largest car market, and car manufacturers are racing to ensure their products are available there. While some companies have had more success than others, all have faced challenges in adapting to China’s unique car culture. With its growing middle class, vast market, and increasing demand for environmentally friendly vehicles, China is clearly a key growth market for the automotive industry. It will be interesting to see how the industry responds as Beijing cracks down on pollution and encourages greater use of electric vehicles.