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%.
1711 day ago
BAIC Group's cumulative sales reached 795,000 units in H1 2026, with self-owned brands at 533,000 units up 14.2% and NEV sales at 181,000 units up 22.6%. The group will accelerate new product launches in H2.
2562 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.
2342 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.
3573 days ago
According to China's Ministry of Public Security, the country's NEV fleet reached 48.97 million vehicles by end of June 2026, with 5.195 million new registrations in the first half, marking a 31% year-on-year increase.
1743 days ago
China's passenger vehicle retail sales fell 20.2% YoY to 8.701 million units in H1 2026, with both ICE and NEV segments declining. June NEV penetration remained at 62.8%, but PHEV and EREV sales dropped significantly. Exports became the standout performer, reaching 4.252 million units in H1, up over 70% YoY.
5195 days ago
Seres disclosed its H1 2026 earnings guidance, projecting a net loss of RMB 1.5-1.8 billion, swinging from profit a year ago. Rising raw material costs and asset impairment weighed on margins, yet AITO brand deliveries grew 10.2% year-on-year.
2385 days agoTesla delivered approximately 480,000 vehicles globally in the second quarter of 2026, roughly flat year-over-year. Model Y and Model 3 remain the absolute sales pillars, with the two models combined accounting for over 85% of total deliveries. The Shanghai Gigafactory and Fremont factory maintain high capacity utilization. Meanwhile, Musk confirmed that a compact model based on a new platform will debut in 2027 with a target price below $25,000.
3066 days ago
BYD's global sales reached 403,472 units in June, with overseas exports hitting 174,897 vehicles, up 95% year-over-year, pushing export share close to 50%. The Dynasty and Ocean series contributed over 80% of total sales, while premium brands Fangchengbao and Denza continued to gain momentum. H1 cumulative exports reached 789,367 units, accounting for 43.6% of group sales.
43713 days ago
Chery sold 256,612 vehicles in June, up 9.8% year-over-year, the highest growth rate among China's top five automotive groups. Export volume hit a new record, with export share maintained above 55%. Chery has led Chinese brand exports for over two decades, and its global system capabilities have become an industry case study.
53314 days agoIn May 2026, BYD sold 383,453 NEVs, including a record 160,644 exports. January-May cumulative sales reached 1,405,039 units. Overseas markets have become the core growth engine, with BYD leading global NEV markets through technology iteration and product matrix expansion.
35231 days agoIn April 2026, China's automobile exports reached 901,000 units, surging 74.4% year-over-year, providing strong support to the overall market. Chery, BYD, and SAIC ranked top three in exports, while Geely's export volume soared 210% YoY. CAAM noted that with domestic sales down 2.5%, exports have become the core growth engine for Chinese automakers.
38558 days ago
EX1000
