In the first half of 2026, China's passenger vehicle retail sales reached only 8.701 million units, down 20.2% year-on-year. Domestic brands' market share climbed to 71.8%, while joint ventures fell across the board, with Honda's sales declining 34.7%.
16922 hours ago
Zhiji Auto has experienced abnormal operations at multiple dealerships, resulting in some owners being unable to take delivery and employees being unpaid. Zhiji officially responded that it is actively handling the matter and protecting user rights.
1221 day ago
In June 2026, 23 A- and H-share listed automakers sold a combined 2.2166 million vehicles, up 5.97% year-on-year. BYD led with 403,500 units, while Chery's exports of 191,100 units set a new monthly record for the fourth consecutive month. NEV sales reached 1.3986 million units, with penetration at approximately 64.46%.
1862 days ago
China's H1 2026 passenger vehicle retail sales reached 8.7 million units, down 20.2% YoY. SAIC Motor reclaimed the top spot with 2.05 million sales, followed by BYD at 1.81 million. Overseas exports became the breakthrough key, with three automakers achieving doubled growth.
1535 days ago
Insiders report that the next-generation Cadillac Optiq will abandon GM's US-developed EV architecture in favor of an electric vehicle platform developed by SAIC Motor. Due to US restrictions on Chinese hardware and software, this platform is unlikely to enter the American market. This reflects a growing trend of Western automakers increasingly relying on Chinese technology in the global EV market.
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According to CAAM statistical analysis released on June 22, 2026, the top 10 passenger car manufacturers by sales sold a combined 2.431 million units from January to May, accounting for 67.4% of total sedan sales. SAIC Motor led the industry with cumulative sales of 1.651 million units. Its self-owned brand sales ratio exceeded 70% for the first time, while NEV sales reached 595,000 units, up 13.2% year-over-year. Notably, among the top 10 enterprises, only SAIC and Tesla achieved year-over-year sales growth.
42725 days ago
SAIC Group announced its Spain factory has officially landed, with production scheduled to begin in 2026. In 2025, SAIC sold 306,000 vehicles in the European market, a year-on-year increase of 24.9%, establishing certain brand recognition. The Spain factory is a critical step for SAIC to address EU tariffs, deepen local supply chains, and shorten delivery cycles. The plant will produce MG brand vehicles, covering mainstream European markets. This project's advancement signifies that Chinese automakers' transformation from vehicle exports to localized manufacturing is accelerating, which also carries demonstrative significance for Central Asian and Russian markets.
25645 days ago
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