cross-posted from: https://mander.xyz/post/53605046
Facing a severe domestic sales slump, Chinese auto giants are aggressively exporting vehicles to international markets to offset declining sales and secure growth.
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The reality inside the world’s largest automobile market is undeniably grim at this moment in time. According to the China Passenger Car Association (CPCA), domestic new-car sales extended a severe downturn in May 2026, dropping 22.3 percent year-on-year to just 1.53 million units. This might still sound like a lot, but the overarching trend is that this marks the eighth consecutive month of year-on-year sales declines. The year-to-date figures are just as concerning for the Chinese auto industry – sales are down 19.7 percent this year to just 7.18 million vehicles in the first five months of the year. This prolonged slump has forced the hand of the CPCA to drastically revise its full-year forecast, which now predicts an 11 percent sales slump. This is in stark contrast to the previous estimate of a 1 percent reduction in sales.
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As industry experts have noted, China’s auto industry has likely moved past its domestic “golden era” ... but the local population can no longer absorb the sheer volume of cars rolling off the assembly lines. The result is a simple economic reality: if domestic buyers won’t buy them, automakers have no choice but to aggressively sell them to the rest of the world.
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20 Comments
cosmicrookie@lemmy.world · 53 pts · 84d
That is a very misleading title.
The market in china is quite massive. They just produce more cars than they can sell within China
That does not mean that nobody is buying them. It simply means that they produce for export.
https://www.visualcapitalist.com/ev-share-new-car-sales-by-country-2019-vs-2025/
unexposedhazard@discuss.tchncs.de · 29 pts · 84d
Producing more than your domestic needs??? Thats communism and evil and bad >:(
goferking0@lemmy.sdf.org · 9 pts · 82d
Which is all this account does. All that matters are headlines that attack China no matter the source or content of the article
Saledovil@sh.itjust.works · 5 pts · 82d
Like, why wouldn't they export them. I've only heard good things about the quality of Chinese EVs. Though I'm not a car person.
Delphia@lemmy.world · 2 pts · 82d
In Australia we are seeing a LOT of chinese cars sold and we are seeing a variety of issues. The biggest complaint a lot of people seem to have is that they dont seem overly concerned about fixing issues people have or fixing them in a timely fashion. They also dont have large stockpiles of parts in the country, a VERY poor dealer network and the documentation on fixing the cars apparently isnt very good.
To be clear, I know several people who have bought them, had no issues what so ever and are quite happy. The ones that have had issues have said the experience from there was significantly worse than any they have had previously.
Sepia@mander.xyz · -4 pts · 84d
The title is perfectly accurate. The share of EV sales isn't relevant here. There would be enough room for more EV sales in China given its big markwt size, but - as the article says - consomer confidence is low.
And this weak domestic market is typical for China, we can observe this in practically all industries. It's a result of China's mercantilism with the country depending more and more on exports. We have seen where such a trade policy ends some 300 years ago in Europe.
Alcoholicorn@mander.xyz · 13 pts · 84d
Thats not what mercantilism lmao
laz@lemmy.dbzer0.com · 3 pts · 83d
Can confirm
chloroken@lemmy.ml · 7 pts · 82d
China Bad guy here folks.
melsaskca@lemmy.ca · 38 pts · 84d
Canada is aggressively importing Chinese vehicles because nobody can afford the big, fat, bloated north american products.
Sepia@mander.xyz · 5 pts · 84d
Yeah, the only vehicles that have arrived in Canada from China so far are Tesla SUVs for slightly more than CAD 40k. Tesla through the company's Chinese factory will reportedly be the main beneficiary from the Canada-China deal.
[Edit typo.]
SaveTheTuaHawk@lemmy.ca · 5 pts · 82d
Classic Carney, elbows out on his knees.
melsaskca@lemmy.ca · 1 pts · 81d
Has Carney been around long enough to haul out that old "Classic" line?
SaveTheTuaHawk@lemmy.ca · 3 pts · 82d
50,000/yr in a market of 2 million/yr is not "aggressive".
Ford and GM have no problem selling F150s and Silverados in Canada. We have plenty of brahs here.
Marty_TF@lemmy.zip · 31 pts · 84d
only under capitalism is a drop in consumption because the demand has been satisfied seen as something bad.
how the fuck can one unironically say "china managed to make more cars than they themselves need so now they have to export the surplus for cheap" and think that that's bad.
4am@lemmy.zip · 16 pts · 83d
Because China bad, bro. Isn’t it obvious? See if China gets good, we look bad. If we look bad, no one gamble on us.
If no one gamble on us, all gamble we did on us loses, and then we bad. We must make China look bad so we win gamble. Life is gamble bro, can’t win if not play.
baines@lemmy.cafe · 24 pts · 84d
lol no one is buying this us bullshit
china is fucking eating your lunch because no one wants a fucking 80k ford f350 outside burger land
SaveTheTuaHawk@lemmy.ca · 1 pts · 82d
? Where are people getting the idea no one is buying US vehicles? Ford sold almost a million F150s last year.
baines@lemmy.cafe · 5 pts · 82d
thats not a good number and those are boosted by government subsidized fleet sales
NoSpotOfGround@lemmy.world · 1 pts · 84d