China Passenger Vehicle Retail Sales Drop 24% in September

China’s passenger vehicle retail sales fell 24% in September from a year earlier to 1.702 million units, while new-energy vehicle sales declined 12% to 1.141 million units, according to data released by the China Passenger Car Association.

Cumulative retail sales for 2026 reached 13.42 million units, down 21% from the same period a year earlier, the association said. New-energy vehicle retail sales increased 14% from the previous month, with year-to-date sales totaling 7.816 million units. They were down 12% on year.

The association said new-energy vehicles accounted for 67.1% of passenger vehicle retail sales in September, while their share of wholesale volumes reached 66.1%.