CPCA: China's share of the global automotive market will reach 33% in January 2026.

According to the data from the China Association of Automobile Manufacturers, global car sales reached 96.89 million units in 2025, an increase of 6% compared to the previous year. In January 2026, world car sales reached 7.18 million units, an increase of 1% compared to the same period last year. However, with the relative slowdown of the Chinese and American car markets, the growth of global car sales in January 2026 also slowed down. The overall trend of the Chinese car market is good, with China's global market share continuously increasing since 2020, reaching 33.8% in 2023, 34.2% in 2024, and 35.4% in 2025. In January 2026, China's market share reached 32.7% globally, showing stable performance.