CAAM: China Produced 2.373M Passenger Vehicles, Sold 2.402M in June, Down 2.8% and 5.3% Year-Over-Year

Published: Jul 14, 2026 18:02

According to the China Association of Automobile Manufacturers (CAAM), the passenger vehicle market maintained structural divergence in June 2026. Domestic demand remained under pressure while exports posted robust growth. Sales of fuel vehicles slumped markedly amid volatile high oil prices, whereas new energy vehicles sustained steady growth with their market share further climbing.

In June 2026, passenger vehicle output reached 2.373 million units and sales hit 2.402 million units, rising 5.9% and 6.6% month-on-month, yet falling 2.8% and 5.3% year-on-year respectively. For the first six months of 2026, cumulative production and sales of passenger vehicles stood at 12.721 million units and 12.72 million units, down 5.9% and 6% year-on-year.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Xiamen Tungsten Expects H1 Profit to Double as Battery Cathode Material Sales Grow
Common.Time.minsAgo
Xiamen Tungsten Expects H1 Profit to Double as Battery Cathode Material Sales Grow
Read More
Xiamen Tungsten Expects H1 Profit to Double as Battery Cathode Material Sales Grow
Xiamen Tungsten Expects H1 Profit to Double as Battery Cathode Material Sales Grow
Xiamen Tungsten expects H1 2026 net profit of around RMB 2.22 billion, up 128.6% YoY. The company said higher prices for tungsten, cobalt and lithium carbonate, together with steady growth in sales of key products including battery cathode materials, supported earnings growth.
Common.Time.minsAgo
Fosu Technology Expects H1 Profit Surge as Battery Separator Business Expands
Common.Time.minsAgo
Fosu Technology Expects H1 Profit Surge as Battery Separator Business Expands
Read More
Fosu Technology Expects H1 Profit Surge as Battery Separator Business Expands
Fosu Technology Expects H1 Profit Surge as Battery Separator Business Expands
Fosu Technology expects H1 2026 net profit of RMB 800 million-1.05 billion, up 1,410%-1,882% YoY. The company said the increase was mainly driven by the consolidation of Jinli New Energy following a major asset restructuring, making lithium battery separators a new growth driver. One-off gains from the acquisition also contributed to earnings.
Common.Time.minsAgo
FAW Jiefang Expects H1 Net Profit to Surge 1,274%-1,528% YoY for Parent Company Owners
Common.Time.hoursAgo
FAW Jiefang Expects H1 Net Profit to Surge 1,274%-1,528% YoY for Parent Company Owners
Read More
FAW Jiefang Expects H1 Net Profit to Surge 1,274%-1,528% YoY for Parent Company Owners
FAW Jiefang Expects H1 Net Profit to Surge 1,274%-1,528% YoY for Parent Company Owners
FAW Jiefang announced on July 13 that its net profit attributable to shareholders of listed companies for the first half of 2026 is projected to range from 270 million yuan to 320 million yuan, representing a year-on-year jump of 1,274% to 1,528%. During the reporting period, the company drove sales growth by continuously optimizing product mix, expanding overseas presence and tapping into full-chain service value. Meanwhile, it advanced lean operation management, strictly controlled costs and expenses to boost profitability. Driven by coordinated efforts across products, overseas business, services and cost control, the firm saw simultaneous improvements in operational resilience and quality, leading to a sharp year-on-year surge in net profit.
Common.Time.hoursAgo