[SMM Tin News Flash: Multiple Positive Factors Combined, China's Auto Exports Grew Strongly in Q1]

Published: Apr 10, 2026 20:14

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According to CAAM, in March this year, China's auto market saw increased activity, with auto production and sales rebounding significantly MoM. In addition, exports maintained strong growth momentum in Q1. The latest data showed that in March this year, China's auto production and sales reached 2.917 million units and 2.899 million units respectively, up 74.4% and 60.6% MoM respectively. Experts noted that the rapid MoM growth in auto production and sales in March was both consistent with seasonal historical patterns and directly related to the full implementation of local subsidy details, the launch of spring auto show sales promotions, and the successive release of new models by automakers. In addition, auto exports in March also posted better-than-expected growth. Auto exports in March reached 875,000 units, up 30.2% MoM and up 72.7% YoY. Among them, NEV exports reached 371,000 units, up 1.3 times YoY.

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.

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