CPCA data shows August 2026 passenger vehicle retail at 1.541 million units, down 23.6% YoY but up 5.5% MoM. NEV penetration broke 65.2% to a new record, while exports of 888,000 units surged 77.8% YoY, providing crucial market support.
35016 days ago
CAAM data shows that in July 2026, the share of new energy vehicle sales exceeded 60% for the first time, with H1 overall penetration reaching 49.6%, and the overseas market share of domestic-brand NEV passenger vehicles rising to 24%.
51035 days ago
Chery's classic compact sedan Arrizo 7 is set to be revived. Patent images of the all-new generation have been exposed, with the official debut scheduled for the Chengdu Motor Show on August 21. The outgoing model was discontinued in 2017, and nearly a decade later, it returns with an entirely new design language.
44538 days ago
The China Automobile Dealers Association (CADA) reported a dealer inventory coefficient of 1.48 for July 2026, down 6.3% month-over-month but up 9.6% year-over-year. The passenger vehicle market remained sluggish due to seasonal factors, with nationwide retail sales reaching 1.506 million units and total inventory at approximately 2.2 million vehicles. High-end brands saw the largest inventory decline as market divergence intensified.
48141 days ago
China's passenger car retail sales reached 1.461 million units in July 2026, down 20.9% year-on-year. Domestic brands captured 71% market share, while NEV penetration hit a historic high of 65.1%. Joint venture NEV sales grew 36% against the trend, with exports accelerating to 143,000 units, becoming a new variable in the industry reshuffle.
51843 days ago
Volkswagen, Mercedes-Benz, and BMW all reported disappointing H1 2026 results. Mercedes passenger car EBIT plummeted 66.2%, BMW's vehicle margin dropped to just 3.2%, and Audi's revenue fell 10.4%. Weak Chinese demand was the key factor behind the synchronized decline.
55047 days ago
On July 15, CAAM-guided export supply chain risk seminar hosted by Yangjie Technology was held in Yangzhou. 15 automakers including FAW, Dongfeng, Changan, SAIC, GAC, Chery discussed export challenges. China's auto exports reached 7.098M units in 2026, domestic brand share 69.5%. EX1000.COM
53460 days ago
H1 2026 China passenger vehicle data shows domestic brands at 71.8% share, foreign brands at just 28.2%. Over five years, foreign brands lost approximately 5 million units in sales volume, marking a fundamental reversal in China's auto market structure.
42363 days ago
At the 2026 China Auto Forum opening on July 22 in Shanghai, Dongfeng Motor Group VP You Zheng delivered a keynote speech systematically outlining China's historic leap from follower to leader in the automotive sector.
38865 days ago
The 2026 China Auto Forum opened in Shanghai with the theme "New Beginning, New Opportunities, New Journey." You Zheng, VP of Dongfeng Motor Group, delivered a keynote speech highlighting China's 17 consecutive years of leading global vehicle production and 11 years of NEV leadership. He identified intelligence, decarbonization, convergence, and globalization as the four major trends reshaping the industry.
33865 days ago
CAAM data shows China's auto sales reached 15.017 million units in H1 2026, with NEV market share at 49.6%. Domestic brands surged to 75.5% of the passenger vehicle market, while German brands fell below 10% for the first time.
65871 days ago
China's auto sales reached 15.017 million units in H1 2026, down 4.1% YoY but with a narrowing decline. June NEV sales hit 1.643 million units with 58.5% penetration; domestic brands reached a historic 75.5% share while German brands fell below 10% for the first time.
58572 days ago
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