China Passenger Car Association said China sold 1.67 million passenger cars in March, down 15.2% year on year, with retail sales at 1.648 million, also down about 15%. New energy vehicle sales totaled 848,000 units, falling 14.4% but accounting for 48.1% of total sales. Tesla China sales rose 8.7% to 85,670 units, while BYD sales fell 20.4% to 295,693. Exports surged for both firms.

2026-04-09

China Passenger Car Association said China sold 1.67 million passenger cars in March, down 15.2% year on year, with retail sales at 1.648 million, also down about 15%. New energy vehicle sales totaled 848,000 units, falling 14.4% but accounting for 48.1% of total sales. Tesla China sales rose 8.7% to 85,670 units, while BYD sales fell 20.4% to 295,693. Exports surged for both firms.