Zhong Guo Ji Jin Bao·2026-02-22 07:08Core Insights - In January 2026, the total automobile sales of the top fifteen groups reached 2.192 million units, representing a year-on-year decline of 3.8% and accounting for 93.4% of total automobile sales, a decrease of 0.6 percentage points compared to the same period last year [2][4]. Group Performance - The top three companies in terms of sales were SAIC, Geely, and FAW, with a combined market share of 38.5%. SAIC led with sales of 320,000 units, a month-on-month decrease of 17.3% but a year-on-year increase of 24.5%, holding a market share of 13.6%. Geely sold 309,000 units, with a month-on-month increase of 1.9% and a year-on-year increase of 5.2%, capturing 13.2% of the market. FAW sold 275,000 units, experiencing a month-on-month decline of 25.2% and a year-on-year decline of 3.0%, with a market share of 11.7% [2][3][4]. Additional Company Insights - Notably, FAW's January sales data included figures from Leap Motor, which reported a total delivery of 32,059 units in January, reflecting a year-on-year growth of 27% [2]. - BYD and Chery ranked fourth and fifth, respectively. BYD's sales were 210,000 units, down 50.0% month-on-month and 30.1% year-on-year, with a market share of 9.0%. Chery sold 200,000 units, with a month-on-month decline of 18.2% and a year-on-year decline of 10.7%, holding an 8.5% market share [4][5]. Market Concentration - The top five companies accounted for 56% of the market, while the top ten companies held 83.6% of the market share. The sixth to tenth positions included Dongfeng with 189,000 units sold, a month-on-month decline of 29.6% but a year-on-year increase of 31.8%, and a market share of 8.0% [4][5]. - The bottom five of the top fifteen included Tesla with 69,000 units sold, a month-on-month decline of 28.9% but a year-on-year increase of 9.3%, holding a market share of 2.9% [5].