China Association of Automobile Manufacturers: Automobile Industry Production and Sales Situation in February 2026

According to analysis by the China Association of Automobile Manufacturers, this year's Spring Festival falls in the mid to late February, and the holiday period is extended, with only 16 effective working days in February. As a result, the production and operation of enterprises are somewhat affected, and overall market activity has slightly decreased. Looking at the industry's operations in January and February, factors such as policy adjustments, pre-released demand, mismatched Spring Festival holidays, insufficient consumer willingness, and a high base from the same period last year have led to a year-on-year decline in both production and sales of automobiles. In particular, the passenger car market and new energy vehicles have declined year-on-year, while the commercial vehicle market continues to improve and automobile exports have experienced rapid growth.