On August 11, 2026, data from the China Passenger Car Association (CPCA) showed that China's overseas auto shipments reached 918,000 units in July, up 88% year-on-year and accounting for more than 40% of production; however, domestic passenger vehicle retail sales plunged 21% year-on-year, with fuel-powered vehicles down 41%.
Data monitored by the China Passenger Car Association (CPCA) shows that in July, both retail sales and manufacturer wholesale volumes in the national passenger car market plunged 18% year-on-year, while retail sales shrank 28% month-on-month.
The China Passenger Car Market Information Joint Branch released May market data: national passenger car retail sales totaled 1.51 million units, a sharp year-on-year decline of 22.1%, setting a record of eight consecutive months of year-on-year decline and reflecting the continued weakness of domestic consumer demand.