China Auto Market Boomed in 2025: Why Growth May Be Softer in 2026

Key Takeaways China vehicle production and sales topped 34M units in 2025, hitting record highs for the third straight year.NEVs powered growth as sales rose to 16.5M units, while vehicle exports jumped 21% to a record 7.1 million.CAAM sees 2026 sales growth slowing as subsidies ease, competition intensifies and demand remains fragile.Vehicle sales and production in China hit record highs in 2025, with both metrics exceeding 30 million units for the third straight year. According to the China Association of ...