Chinese Car Market 2025 – Part 1 According to the China Association of Automobile Manufacturers, 27.6 million passenger cars manufactured domestically were sold in 2024. Of this total, around 5 million units were exported to international markets, highlighting China’s growing influence as a global automotive exporter. Overview Figure 1 illustrates the evolution of passenger car sales in China over the past 19 years. Recent sales figures reflect nearly a fivefold increase compared to 2006. Although sales were significantly impacted by the COVID-19 pandemic, the market has clearly rebounded, demonstrating resilience and adaptability. Notably, growth surged to as high as 10% annually during 2022 and 2023, primarily driven by increased export activity. However, the growth rate slowed somewhat in the past year, partially due to emerging protectionist measures in Western countries, where governments began implementing policies to limit Chinese car imports in an effort to protect their dom...
