China Passenger Vehicle Retail Market Slumps 24% in September
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12 Articles
Reformatorisch Dagblad
welingelichtekringen.nlCar sales in China fell sharply in the first nine months of this year due to deteriorating market conditions. A total of 1.7 million vehicles were sold in China, the world's largest automotive market. That is a decrease of 21 percent compared to the same period last year, the China Passenger Car Association announced.
Moneycontrol
The Edge MarketsChina passenger vehicle retail sales drop 24% in September
China's passenger vehicle retail sales fell 24 per cent year-on-year to 1.702 million units in September, while new-energy vehicle sales declined 12 per cent, even as NEVs accounted for 67.1 per cent of retail sales.
The retail car sales in China in September reached 1,631 million cars, which is 28.1 per cent less than in the same period last year.
In September 2026, China's passenger car retail sales fell 24% year-on-year to 1,702,000 units. New energy vehicle sales also decreased by 12%. This report summarizes the current situation facing the Chinese automotive market, including intensifying price competition and declining dealership profitability.
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