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أخبار الصين
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أخبار الصين

2026-11-11T06:18:38.566Z

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Exports Buoy Car Industry

Exports Buoy Car Industry

Retail sales of passenger cars in China fell 22.3% year on year in the first ten months of 2026, to 14.978 million units, despite a 1.5% month-on-month rise in October. By contrast, exports surged 68.5% in October to 928,000 units, accounting for 35% of manufacturers’ sales, compared with 19% a year earlier. Exports of new energy vehicles rose 144.7% to 582,000 units. The association attributed export growth to competitive pricing and the suitability of Chinese models for overseas markets, while forecasting a moderate month-on-month recovery in the domestic market in November as demand pressures persist.

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