--- title: "This year's auto market performance exceeds expectations? Xu Haidong from the China Association of Automobile Manufacturers: The explosion of China's automotive industry in the past five years is evident" description: "Xu Haidong, the Executive Vice Secretary-General of the China Association of Automobile Manufacturers, stated that the forecast for China's auto market sales in 2025 is 32.9 million vehicles, a year-o" type: "news" locale: "en" url: "https://longbridge.com/en/news/261704689.md" published_at: "2025-10-18T05:14:30.000Z" --- # This year's auto market performance exceeds expectations? Xu Haidong from the China Association of Automobile Manufacturers: The explosion of China's automotive industry in the past five years is evident > Xu Haidong, the Executive Vice Secretary-General of the China Association of Automobile Manufacturers, stated that the forecast for China's auto market sales in 2025 is 32.9 million vehicles, a year-on-year increase of 4.7%, but this year's performance has exceeded expectations. He pointed out that the explosive growth of China's automotive industry over the past five years is evident, especially in the expansion towards high-end markets. Chinese automotive companies possess forward design capabilities and testing and inspection systems, which have driven improvements in product quality. At the same time, the entry of emerging car companies has allowed brands to better understand the needs of young consumers and respond quickly to market changes Recently, Xu Haidong, the Executive Vice Secretary-General of the China Association of Automobile Manufacturers, pointed out that at the beginning of the year, the association predicted "32.9 million vehicle sales and a year-on-year growth of 4.7% for the Chinese auto market in 2025." However, the actual performance of the auto market this year has far exceeded this. "During the '14th Five-Year Plan' period, the explosive growth of China's automotive industry is evident, and this explosion also includes significant expansion in the high-end sector. The core reason for the explosive growth of China's automotive industry in these five years lies in the positive design capabilities of Chinese automotive companies. We have learned how to positively design cars, how to ensure the quality of vehicles, and we have established corresponding inspection and testing systems to guarantee product quality. This is the cornerstone for Chinese automotive companies to achieve breakthroughs in the high-end sector." Xu Haidong stated that on this basis, new force car companies have joined the "battle," enabling Chinese automotive brands to better gain precise insights into the needs of young consumers and respond quickly, resulting in an unprecedented speed of product iteration ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Research Alert: CFRA Maintains Hold Opinion On Shares Of Cleveland-cliffs Inc. | CFRA maintains a hold opinion on Cleveland-Cliffs Inc., lowering the 12-month target price to $12 and adjusting the 2026 | [Link](https://longbridge.com/en/news/275938417.md) | | Trump’s Golden Age Of Auto Production In Pictures | President Trump aims to initiate a "golden age" of U.S. auto production through tariffs on foreign vehicles and parts, h | [Link](https://longbridge.com/en/news/275981978.md) | | Trump's affordability agenda has a car problem it needs to fix | The Trump administration's affordability agenda overlooks the auto market, which is crucial for American families. A rec | [Link](https://longbridge.com/en/news/275946150.md) | | Vauxhall owner to restart sales of diesel cars in Britain | Stellantis, the owner of Vauxhall, has resumed diesel car sales in Britain following a £19bn writedown due to its shift | [Link](https://longbridge.com/en/news/276059990.md) | | MAN Trucks shows off its megawatt charging in subzero temperatures | MAN Trucks demonstrated the megawatt charging capabilities of its eTruck electric semi in subzero temperatures at the Ke | [Link](https://longbridge.com/en/news/276026370.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.