China car exports surge 80% in June as domestic demand falls

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China car exports surge 80% in June as domestic demand falls
Photo: Chinatopix/AP/TT

In the first half of the year, China exported more than 4.4 million cars, an increase of 72 percent compared with the same period in 2025, according to Chinese industry statistics.

For the full year of 2026, analysts such as Stephen Chan, an analyst at S&P Global Ratings, expect car exports from China to rise by 30-50 percent.

However, at home, there is a price war, and demand is being pressured downward by a persistent property crisis that is draining Chinese household budgets. Added to this are reduced government subsidies for the purchase of electric cars in China.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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