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The Zhitong Finance App learned that Cui Dongshu published an article saying that sales growth in the world car market was not strong from January to July 2026. At the beginning of 2026, China reached 31.4% of the world's automobile market. As policy subsidies promoted the strengthening of commercial vehicles in China, its share rebounded to 32.1% in July, with a cumulative share of 31% in 2026. The low level at the beginning of the year was an abnormal reflection of factors contributing to the contraction of entry-level sales. Passenger cars were weak, commercial vehicles were strong, and exports skyrocketed. As the effects of policy incentives gradually resume and become apparent, it is expected that the Chinese car market will gradually strengthen in the future.
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The Zhitong Finance App learned that Cui Dongshu published an article saying that sales growth in the world car market was not strong from January to July 2026. At the beginning of 2026, China reached 31.4% of the world's automobile market. As policy subsidies promoted the strengthening of commercial vehicles in China, its share rebounded to 32.1% in July, with a cumulative share of 31% in 2026. The low level at the beginning of the year was an abnormal reflection of factors contributing to the contraction of entry-level sales. Passenger cars were weak, commercial vehicles were strong, and exports skyrocketed. As the effects of policy incentives gradually resume and become apparent, it is expected that the Chinese car market will gradually strengthen in the future.
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