CAAM: September Passenger Vehicle Output and Sales Rise MoM, Fall YoY, Exports Keep Rapid Growth

Stock News10-14 14:18

According to an analysis by the China Association of Automobile Manufacturers, in September, passenger vehicle production and sales increased month-on-month but declined year-on-year, while exports maintained rapid year-on-year growth.

In September 2026, passenger vehicle production and sales reached 2.626 million units and 2.588 million units, respectively, up 10.9% and 8.6% month-on-month, but down 9.4% and 9.5% year-on-year.

From January to September 2026, passenger vehicle production and sales totaled 19.966 million units and 19.96 million units, respectively, down 6% and 6.1% year-on-year.

In September 2026, among the main categories of passenger vehicles, compared with the previous month, production and sales of multi-purpose vehicles (MPVs) declined slightly, while production and sales of the other three major passenger vehicle categories grew to varying degrees; compared with the same period last year, production and sales of sport utility vehicles (SUVs) rose slightly, while production and sales of the other three major passenger vehicle categories declined to varying degrees.

From January to September 2026, among the main categories of passenger vehicles, compared with the same period last year, production and sales of sport utility vehicles (SUVs) rose slightly, while production and sales of the other three major passenger vehicle categories fell by double digits.

In September 2026, domestic sales of passenger vehicles were 1.668 million units, up 11.7% month-on-month but down 27.4% year-on-year.

From January to September 2026, domestic sales of passenger vehicles were 12.794 million units, down 24.9% year-on-year.

In September 2026, passenger vehicle exports were 919,000 units, up 3.2% month-on-month and up 64.2% year-on-year.

From January to September 2026, passenger vehicle exports totaled 7.167 million units, up 70.6% year-on-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment