China’s car sales slump as manufacturers look overseas
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Retail sales of passenger vehicles in China fell 20.2% year-on-year in the first half of 2026 to 8.7 million units, reports Caixin. This comes as domestic demand weakened across all sectors. Domestic retail sales of new-energy vehicles (NEVs) dropped 14% in the first six months to 4.7 million units, while sales of traditional gasoline cars fell […]
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