China's Passenger Vehicle Sales Decline for 4th Month, Down 13.2% YoY in Feb 2026

Published: Mar 21, 2026 21:31

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In February 2026, sales based on traffic compulsory insurance of new vehicles in China’s passenger vehicle market totaled 1.145 million units, down 13.2% YoY. Notably, this marked the fourth consecutive month since last November that the market posted a decline of more than 10%. Combined sales for January and February reached 2.704 million units, down 14.3% YoY.

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