Monthly sharp decline puts a full-year contraction nearly inescapable even as automakers intensify promotions
00:00/00:00
您的浏览器不支持 audio 标签。
Listen to this article
1x
Retail sales of passenger cars in China plummeted 23.6% year-on-year in August, marking the second-sharpest monthly decline this year as the market showed no signs of a sustained recovery.
Domestic retail sales fell 20% in the first half, while exports surged more than 70%, underscoring a widening divide between…
A deepening domestic sales slump in July is forcing both Chinese brands and foreign joint ventures to seek growth overseas
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even…
Reduced subsidies and tax changes drag down early‑2026 vehicle purchases while exports surge to offset weak domestic demand
China's passenger car sales fell 20.2% in H1 2026. ICE vehicles dropped 39% in June. Exports surged 82%. Analysts expect only 7-8…
The downturn comes after policymakers reduced trade-in subsidies and ended a decade-long tax exemption
