AAA weekly
2025-04-02
Copyright FOURIN, Inc. 2025
China’s Luxury Passenger Vehicle Market in 2024
As China’s passenger vehicle market expands and the country’s national income increases, the market size of luxury passenger vehicles* has grown from 2.84 million units in 2018 to 5,12 million units in 2024. This report has analyzed the current state of China’s luxury passenger vehicle market based on the country’s compulsory automobile liability insurance data.