China Total Vehicle Sales Fall 9.2% in October
2026-11-11 07:23
By
Chusnul Chotimah
1 min. read
China's total vehicle sales dropped 9.2% yoy to 3.016 million units in October 2026, following an 8.4% fall in September, according to the China Association of Automobile Manufacturers.
Passenger vehicle sales were 2.588 million units, while commercial vehicle sales fell 1.8% to 354,000 units.
Despite a faster decline, total vehicle sales hit a ten-month high, as a 26.6% plunge in domestic sales was offset by a 60.2% surge in exports.
Domestic sales are expected to fall below 19 million units this year for the first time since 2014.
New energy vehicle (NEV) sales remained a bright spot, rising 13.1% to a record high of 1.94 million units, although growth eased from 13.6% in September, as strong export growth offset a decline in domestic sales.
NEVs accounted for 64.3% of total sales, up from 61.6% in September.
In the first ten months, total vehicle sales fell 5.1% to 26.286 million, while NEV sales grew 11.3% to 14.41 million units.
However, total vehicle sales rose 2% mom in October.