China’s carmakers rely on overseas markets as monthly domestic sales decline continues
Passenger vehicle sales fell 28.1% in September as exports rose 73.2%, underscoring weak domestic demand and a stronger push overseas.
- The China Passenger Car Association reported domestic car sales fell 28.1% to 1.63 million units in September, extending the market's decline to a 12th consecutive month.
- Shrinking domestic sales in China reflect broader economic weakness, with subdued consumer spending and a prolonged property downturn weighing on demand as automakers seek overseas markets.
- Annual car exports jumped 73.2% to 923,000 vehicles last month, while domestic sales of battery electric vehicles and plug-in hybrids slid 16.7% to 1.08 million units.
- Trade chief Maros Sefcovic announced on Friday a deal that could halve Chinese hybrid vehicle exports to the EU bloc over four years, though specific shipment terms remain unclear.
- Cui Dongshu, secretary-general at CPCA, noted that curbs on plug-in hybrids are unlikely to significantly affect overall new energy vehicle exports, as regulators shift focus toward safety and value.
27 Articles
27 Articles
China's carmakers rely on overseas markets as monthly domestic sales decline continues
China’s passenger car exports rose 64% in September compared with the year-earlier period, according to a Chinese industry association, as automakers increasingly rely on overseas markets to drive growth amid sluggish domestic sales. That comes as the EU is capping…
Chinese carmakers increasingly rely on overseas markets as September exports surge – WTOP News
HONG KONG (AP) — China’s passenger car exports surged 64% in September from the same month in 2025, an industry association reported Monday, as Chinese automakers increasingly focus on exports to drive growth at a time of sluggish domestic sales. China exported around 919,000 passenger vehicles in September, lifted by overseas demand for plug-in hybrids...
China's auto sales fell 28.1% year-on-year in September, the world's largest auto market's 12th straight month of decline, Reuters reported. According to data from the China Passenger Car Association (CPCA) released on October 12, domestic sales totaled 1.63 million vehicles in September. The decline is deeper than in August, when sales fell 23.7% year-on-year. Amid weakening domestic demand, Chinese automakers are continuing to expand their pre…
China's passenger car sales fell 28.1 percent year-on-year to 1.63 million in September, the twelfth consecutive month of decline. Exports remain strong as automakers try to cushion the impact of weak domestic demand, according to data released by the China Passenger Car Association (CPCA) on Monday.
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