11 Hrs
الاقتصادية
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الاقتصادية

2026-11-11T07:26:54.509Z

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China Car Sales Under 19M

China Car Sales Under 19M

China’s domestic passenger-car sales are expected to fall below 19 million units in 2026 for the first time since 2014, with forecasts putting them at 18.5 million, down 22%, amid weak consumer spending and declining government incentives. In October, domestic retail sales fell 27.3% to 1.65 million vehicles, while passenger-car exports rose 68.2% to 932,000. Full-year exports are expected to exceed 11 million units. Exports may offset weakness in the domestic market, but mounting inventories and trade restrictions could constrain their growth.

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