China’s carmakers rely on overseas markets as monthly domestic sales decline continues
Exports jumped 73.2% to 923,000 vehicles as domestic passenger-car retail sales fell 28% and manufacturers leaned more on overseas demand, the CPCA said.
- 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.
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(Shanghai = Yonhap News) Correspondent Cha Byeong-seop = While China's domestic passenger car market showed a notable slump last month, exports increased by more than 73%.
As a domestic car sales slump continues, China’s automakers lean on exports
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 amid sluggish domestic sales. China exported around 919,000 passenger vehicles in September, lifted by overseas demand for plug-in hybrids and pure electric vehicles, data from the China Association of Automobile Manufacturers showed. In the first nine mont…
China's carmakers export more as EU caps hybrid vehicle imports at 350,000 a year
China's passenger car exports have surged 64% in September compared to the same month in 2025, according to an industry association. Chinese automakers are focusing on exports due to sluggish domestic sales. The China Association of Automobile Manufacturers reports that…
China exported 919 thousand cars in September, plus 64%. With domestic sales falling 27%, manufacturers look at Europe, Latin America and Asia — despite tariffs.
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