Cui Dongshu: China accounted for 32% of the world's auto market share from January to August 2026.
According to the Zhitong Finance APP, Cui Dongshu, Secretary-General of the China Passenger Car Association, wrote in an article that according to statistics from the International Organization of Motor Vehicle Manufacturers, global automobile production has continued to grow, reaching 96.38 million units in 2025, an increase of 6% from 91.77 million units in 2024, with China accounting for 35.4% of world production. Global automobile sales have also continued to grow, reaching 96.89 million units in 2025, an increase of 6%, with China accounting for 35.4% of world sales. From January to August 2026, cumulative world automobile sales were 63.43 million units, a year-on-year increase of 2%; in August alone, sales were 7.719 million units, up only 1% year-on-year and down 4.9% month-on-month, indicating weak growth momentum in the global auto market.
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