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HomeCar industryAutomarket & PricesChina imports February 2024: Lexus back to #1, Lotus Eletre lands

China imports February 2024: Lexus back to #1, Lotus Eletre lands

Chinese sales data for the Lotus Eletre is now available.

The Lunar New Year holidays falling in February this year instead of January in 2023, sales of new imported cars in China drop -40.6% year-on-year this month to just 32,968. However the two-month total, reflecting the real evolution of the market, is down just -2% to 108,442, a solid performance for imports which usually are on a steeper downward trend. After falling to #2 in January, Lexus (-7.8%) markedly beats the market to return to its traditional pole position. Mercedes (-49.2%) and BMW (-46.1%) fall even faster than the average and complete the podium like they did over the Full Year 2023. Audi (-32.1%) is a little stronger at #4, distancing Toyota (-20.3%), Land Rover (-46.6%) and Volvo (-42.1%). Lotus reappears at #16. 

Model-wise, the Lexus ES (+9.3%) goes agains the negative market to score an ultra dominant result at over 6,000 sales. This is almost 3 times the amount of the #2, the Mercedes GLE (-21.3%). In third place, the Lexus RX (+974%) compensates for a particularly poor year-ago volume. Below, the Mercedes S-Class (-43.8%), Porsche Cayenne (-47.7%) and Toyota Alphard (-52.2%) all fall faster than the market. Notice also the BMW 7 Series (+13.3%), Toyota Land Cruiser (+817.6%) and Prado (+83.9%) all posting solid gains. The Lexus RZ lands at #37 and the Lotus Eletre at #85, however these models have been on sale for a few months and their previous months’ sales have been updated.

Previous month: China imports January 2024: Mercedes #1, sales up 36%

One year ago: China imports February 2023: Mercedes stays #1, Porsche, Toyota stand out, sales up 30.6%

Full February 2024 Top 38 All brands and Top 153 All models below.

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