Cui Dongshu: China's Share of Global Auto Market to Fall to 31.5% in 2026
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Cui Dongshu, Secretary-General of the China Passenger Car Association, predicts that China's share of the global auto market will decline to 31.5% in 2026, down from 35.4% in 2025. Despite a strong performance in recent years, with shares rising to 33.8% in 2023 and 34.2% in 2024, the market is expected to contract. Chinese self-owned brands have increased their global market share, while leading international automakers have seen significant declines. In Q1 2026, Geely and Chery ranked sixth and tenth among the world's top ten automakers, respectively, while BYD fell to eleventh.
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