CPCA secretary-general Cui Dongshu, citing OICA data, said global vehicle sales in Jan-Aug 2026 totaled 63.43 mln units; China sold 20.31 mln (32.0% share), down from 35.4% in 2025. The US sold 10.94 mln (17.2%). India’s share rose to 6.7% and its ma

2026-10-02

CPCA secretary-general Cui Dongshu, citing OICA data, said global vehicle sales in Jan-Aug 2026 totaled 63.43 mln units; China sold 20.31 mln (32.0% share), down from 35.4% in 2025. The US sold 10.94 mln (17.2%). India’s share rose to 6.7% and its market expanded ~20% YoY. Other emerging markets recorded strong gains: Thailand +16%, Russia +6%, Vietnam +28%; overall global sales were up 2%. Cui identified the decline in China’s market as the main driver of the shift in global shares, with emerging-market growth partly offsetting weakness in China and the US.