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In Depth: China’s Auto Industry Braces for a Bumpy 2026

By An Limin and Ding Yi
2026年01月09日 17:25
Policymakers are revamping subsidies while carmakers accelerate their drive overseas to sustain sales growth as optimism fades after a banner 2025

Industry data showed that China’s auto sales surged 11.4% year-on-year to about 31.1 million vehicles in the first 11 months of 2025, driven largely by government trade-in subsidies.

The solid figures boosted expectations that sales will grow to a record 34.5 million cars for the entire year, with exports likely to top 7 million vehicles, allowing China to keep its position as the world’s largest auto exporter.

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