China’s Passenger Car Sales Fall 27% as Exports Rise 69%

Detailed summary

October figures show a widening gap between domestic and overseas demand, as automakers face lower export tax rebates and restrictions on hybrid shipments to Europe ...

China’s domestic passenger car retail sales fell 27.1% in October from a year earlier, while exports rose 68.5%, highlighting the widening gap between demand at home and abroad.

Domestic retail sales totaled 1.6 million vehicles and exports reached 928,000, according to figures released Monday by the passenger car branch of the China Passenger Car Association (CPCA). In the first 10 months of 2026, domestic sales fell 22.3% to 15 million, while exports increased 74.6% to 7.9 million.

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