China's February auto sales slide due to holidays; Iran war casts pall over exports

China's auto sales sink in February as phase out of subsidies for trade-ins hits demand

China has reported that passenger car sales plunged 34% in February from a year earlier. The China Association of Automobile Manufacturers said 950,000 cars were sold, down from nearly 1.4 million vehicles sold in January. Overall passenger car sales including…

China's car sales down 15.2% in February

China's vehicle sales plunged 15.2% in February compared with the same month a year ago, landing at 1.8 million units, the China Association of Automobile Manufacturers (CAAM) revealed in its report o...

China Auto Sales Drop 15% as Subsidy End Deepens Holiday Slump

China’s vehicle deliveries fell 15% in February, as the phasing out of government subsidies worsened the usual Lunar New Year holiday slump.

China's February auto sales, exports fall at fastest pace in two years

Auto sales sink in China as phase out of subsidies for trade-ins hits demand

China has reported that passenger car sales plunged 34% in February from a year earlier. The China Association of Automobile Manufacturers said 950,000 cars were sold, down from nearly 1.4 million vehicles sold in January.

China Auto Sales Drop in February 2026: Holiday, Policy Changes Impact Market - News and Statistics

China's auto sales fell sharply in February 2026 due to the Lunar New Year holiday and the end of key EV incentives, though exports provided some offset amid growing industry challenges.