China Automobile Association: Passenger car production and sales completed 2.6713 million units and 2.662 million units in October, respectively, up 3.3% and 2.9% month-on-month, respectively

The Zhitong Finance App learned that according to an analysis by the China Association of Automobile Manufacturers, in October, passenger car production and domestic sales both showed a “month-on-month increase and year-on-year decline” trend, but passenger car exports maintained a rapid year-on-year growth rate. In October 2026, production and sales of passenger cars reached 2.713 million units and 2.662 million units, respectively, up 3.3% and 2.9% from the previous year, and down 9.4% and 10.1%, respectively. From January to October 2026, passenger car production and sales reached 22.688 million units and 22.622 million units, respectively, down 6.4% and 6.6% from the previous year.

In October 2026, among the main types of passenger cars, production and sales of multi-purpose passenger vehicles (MPVs) and passenger cars declined to varying degrees compared to the previous month, while production and sales of the other two major passenger car categories increased slightly; compared with the same period last year, production and sales of sports multi-purpose passenger vehicles (SUVs) increased slightly, while production and sales of the other two types of passenger cars declined markedly.

From January to October 2026, among the main types of passenger cars, production and sales of sports multi-purpose passenger vehicles (SUVs) increased slightly compared with the same period last year, while production and sales of the other three types of passenger cars declined by double digits.

In October 2026, domestic sales of passenger cars were 1.734 million units, up 3.9% month on month and down 27.4% year on year.

From January to October 2026, domestic sales of passenger cars were 14.528 million units, a year-on-year decrease of 25.2%.

In October 2026, 927,000 passenger cars were exported, up 0.9% month-on-month and 62.3% year-on-year.

From January to October 2026, the export of passenger cars was 8.094 million units, an increase of 69.6% over the previous year.