China's Auto Exports Explode as Domestic Demand Craters
New data released by the China Passenger Car Association earlier on Monday show that China's peak car-buying season hit the brakes, with September passenger-vehicle retail sales plunging 28% from a year earlier as manufacturers increasingly relied on overseas buyers to cushion soft domestic demand. The CPCA said in the report that retail sales fell to 1.62 million vehicles, marking a 12th consecutive monthly decline from a year earlier. Sales rose 5% from August.
The report showed that electric cars and plug-in hybrids accounted for a whopping…
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Story file
- Section
- Business
- Topics
- Economy & RBI, Cars & bikes
- First reported by
- Oil Price
- Reporter
- oilprice.com
- Published
- Tuesday, 13 October 2026, 1:30 am IST
- Coverage
- One outlet so far
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