On November 11, Chen Shihua, Deputy Secretary General of the China Automobile Manufacturers Association, revealed at the China Automobile Association information conference: “We are currently estimating the automobile market sales volume for the full year 2026. The situation is not very optimistic.” According to the China Automobile Association, domestic automobile sales fell by more than 20% year on year for 7 consecutive months. Chen Shihua predicts: “Domestic sales of passenger cars will fall below 19 million units in 2026, but this is not a trend.” In 2025, domestic sales of passenger cars were 24.065 million units, an increase of 6.4% over the previous year.
Zhitongcaijing · 1d ago
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On November 11, Chen Shihua, Deputy Secretary General of the China Automobile Manufacturers Association, revealed at the China Automobile Association information conference: “We are currently estimating the automobile market sales volume for the full year 2026. The situation is not very optimistic.” According to the China Automobile Association, domestic automobile sales fell by more than 20% year on year for 7 consecutive months. Chen Shihua predicts: “Domestic sales of passenger cars will fall below 19 million units in 2026, but this is not a trend.” In 2025, domestic sales of passenger cars were 24.065 million units, an increase of 6.4% over the previous year.
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