Core Insights - In September 2025, China's automotive exports reached $21.03 billion, marking a year-on-year increase of 9.8% [1] - For the first nine months of 2025, total automotive trade amounted to $206.81 billion, a decrease of 1.0% year-on-year, with imports down by 32.9% [1] - The trend indicates a significant decline in automotive imports, with a projected continued decrease in 2025 [1][2] Group 1: Export Performance - In September 2025, China exported 652,000 vehicles, representing a year-on-year growth of 21% [1] - Cumulatively, from January to September 2025, automotive exports reached 4.95 million units, an increase of 14.8% compared to the previous year [1] - The resilience of automotive exports highlights the strong competitiveness of Chinese new energy vehicles and related products in international markets [1] Group 2: Import Trends - The total value of automotive imports for the first nine months of 2025 was $34.26 billion, reflecting a significant decline of 32.9% year-on-year [1] - The number of imported vehicles in 2024 was 705,000 units, continuing a downward trend for four consecutive years [1] - The ongoing contraction in automotive imports indicates a sustained reduction in domestic demand for imported vehicles [1][2] Group 3: Industry Transition - The current trade dynamics signify a fundamental shift in China's automotive industry, moving from a focus on imports to a stronger emphasis on exports [2] - This transition marks a change in China's position in the international division of labor, evolving from "bringing in" to a higher quality of "going out" [2]

Core Insights - The total import and export value of automotive goods in September 2025 was $24.89 billion, showing a month-on-month decrease of 3.6% but a year-on-year increase of 0.9% [1] Import Summary - The import value for September 2025 was $3.85 billion, reflecting a month-on-month decline of 7.5% and a year-on-year decrease of 30.0% [1] - Cumulative imports from January to September amounted to $34.26 billion, which is a year-on-year decline of 32.9% [1] Export Summary - The export value for September 2025 was $21.03 billion, with a month-on-month decrease of 2.8% but a year-on-year increase of 9.8% [1] - Cumulative exports from January to September reached $172.55 billion, indicating a year-on-year growth of 9.3% [1] Overall Trade Performance - The total cumulative import and export value for automotive goods from January to September was $206.81 billion, showing a year-on-year decline of 1.0% [1]