{"id":221788,"date":"2025-12-08T12:20:10","date_gmt":"2025-12-08T12:20:10","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/221788\/"},"modified":"2025-12-08T12:20:10","modified_gmt":"2025-12-08T12:20:10","slug":"chinas-car-sales-extend-decline-in-november-in-biggest-drop-in-10-months","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/221788\/","title":{"rendered":"China&#8217;s car sales extend decline in November in biggest drop in 10 months"},"content":{"rendered":"<ul data-testid=\"Summary\" class=\"summary-module__summary__QjADA\">\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Car sales -8.5% y\/y in Nov vs -0.8% y\/y in Oct<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Boost from front-loading of govt subsidised purchases faded<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Sales estimated to be 5% y\/y in 2025<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">2026 sales expected to be largely flat, CMBI says<\/li>\n<\/ul>\n<p>BEIJING, Dec 8 (Reuters) &#8211; China&#8217;s annual car sales dropped 8.5% in November in a second straight monthly decline, for their biggest fall in 10 months, data showed on Monday, amid a waning scramble to buy vehicles before government subsidies dwindle at year-end.<\/p>\n<p>Car sales in the world&#8217;s biggest auto market stood at 2.24 million last month, following October&#8217;s slide of 0.8%, according to the data from the China Passenger Car Association.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/chinas-car-sales-extend-decline-november-2025-12-08\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Fautos-transportation%2Fchinas-car-sales-extend-decline-november-biggest-drop-10-months-2025-12-08%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>The stacked bar shows new energy vehicle sales and sales of other fuel car types in China. More new-energy vehicles were sold than other fuel type cars in November 2025.<\/p>\n<p>The deeper slide was &#8220;abnormal,&#8221; as sales have generally been quite strong in the years&#8217; final two months, said Cui Dongshu, the industry body&#8217;s secretary-general, but evoked conditions 17 years ago.<\/p>\n<p>&#8220;A similar abnormality occurred in 2008 when consumption was under pressure,&#8221; he added.<\/p>\n<p>Sales of electric vehicles and plug-in hybrids made up a record 58.9% of total car sales. Subsidised auto trade-ins in favour of EVs and PHEVs exceeded 11.2 million units in the first 11 months, official data showed.<\/p>\n<p>The line chart shows the share of new energy vehicle sales and sales of other fuel type cars in China. The sales share of new energy vehicles was at 59% in November 2025.<\/p>\n<p>Reduced government subsidies near the end of the year are seen denting consumer sentiment nationwide.<\/p>\n<p>Additionally, a big fall in gasoline car sales and a high base last year were attributed to the fall in overall sales last month, according to Cui, expecting full-year sales to grow by 5%.<\/p>\n<p>Car sales are forecast to be largely flat in 2026 when competition in China becomes even stiffer, with &#8220;a possible all-time high number of new models&#8221;, CMBI analysts said in a note.<\/p>\n<p>To spur sales before purchase-tax breaks for EVs and PHEVs halve from 2026, many automakers have also rolled out subsidies of up to 15,000 yuan ($2,120) for orders before year-end which may not get delivered until next year.<\/p>\n<p>As woes over overcapacity and excessive competition mount, Beijing has dropped EVs from a list of strategic industries in a roadmap for the next five years, signalling perhaps a more challenging time ahead.<\/p>\n<p>Entangled in a battle in the budget segment with rivals such as Geely <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/0175.HK\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(0175.HK), opens new tab<\/a> and Leapmotor <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/9863.HK\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(9863.HK), opens new tab<\/a> whose sales kept hitting new highs, domestic EV giant BYD <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/002594.SZ\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(002594.SZ), opens new tab<\/a> ended November with lower sales than the year before.It was BYD&#8217;s third month of declining sales globally, despite record overseas shipments last month. It has achieved 91% of a trimmed <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/chinas-byd-cuts-sales-target-sources-say-white-hot-growth-cools-2025-09-04\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">sales target<\/a> for this year.Tesla&#8217;s <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/TSLA.O\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(TSLA.O), opens new tab<\/a> sales in China rose to 73,145 units last month after October&#8217;s fall to a three-year low of 26,006.Its aggressive new rival Xiaomi <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/1810.HK\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(1810.HK), opens new tab<\/a> delivered more than 40,000 EVs for a third consecutive month, having already met an annual sales target of 350,000 vehicles.<\/p>\n<p>Overall car export growth soared to 52.4% from 27.7% in October.<\/p>\n<p>The majority of China&#8217;s car export growth is expected to come from EVs and PHEVs next year, their exports rising 40% from this year to a projected 2.83 million vehicles, CMBI estimates.<\/p>\n<p>($1=7.0705 Chinese yuan renminbi)<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; Editing by Clarence Fernandez<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Car sales -8.5% y\/y in Nov vs -0.8% y\/y in Oct Boost from front-loading of govt subsidised purchases&hellip;\n","protected":false},"author":2,"featured_media":221789,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[2786,82703,84441,1300,119625,79,96075,102520,82500,53515,84895,84110,82543,82538,82546,82556,82549,82541,82550,84041,83391,82530,83393,82531,83392,82547,82557,82540,82710,82548,82551,85719,82702,83115,83116,179,107153,18,96076,82578,45748,59750,19,17,83122,82507,82510,84437,107152,96072,96071,107151,82512,83617,96073,84439,84334,82533],"class_list":{"0":"post-221788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asia","9":"tag-asxpac","10":"tag-aut","11":"tag-auto","12":"tag-automv","13":"tag-business","14":"tag-carm","15":"tag-carm1","16":"tag-cmpny","17":"tag-cn","18":"tag-csent","19":"tag-cycs","20":"tag-destabn","21":"tag-destabx","22":"tag-destbnx","23":"tag-destd","24":"tag-destdnp","25":"tag-deste","26":"tag-destfun","27":"tag-destm","28":"tag-desto","29":"tag-destocabsm","30":"tag-destoil","31":"tag-destousbsm","32":"tag-destpen","33":"tag-destpsc","34":"tag-destrbn","35":"tag-destrnp","36":"tag-destseabs","37":"tag-destu","38":"tag-destucdptest","39":"tag-destz","40":"tag-easia","41":"tag-eci","42":"tag-eco","43":"tag-economy","44":"tag-ehveh","45":"tag-eire","46":"tag-eleav","47":"tag-emrg","48":"tag-gen","49":"tag-hk","50":"tag-ie","51":"tag-ireland","52":"tag-mce","53":"tag-news1","54":"tag-publ","55":"tag-ratiadas-av-safety","56":"tag-ratielectric-battery","57":"tag-ratielectrification-zero-emmision","58":"tag-ratisustainable-ev-supply-chain","59":"tag-repitechnology","60":"tag-sci","61":"tag-topicenergy-transition","62":"tag-topicrati-supply-chain-manufacturing","63":"tag-topicrati-technology","64":"tag-topicworld-china-slug","65":"tag-topnws"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/221788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=221788"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/221788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/221789"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=221788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=221788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=221788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}