China's Domestic Car Sales Decline 20% in First 4 Months, Inventory Surges 34%

Q: What are the key facts in this article?

From January to April 2026, China's domestic car sales decreased by 20.6%, while car dealer inventory in April surged by 34% year-on-year to 2.6 million units. This is attributed to sluggish domestic demand and a pull-forward of demand due to sales promotions in Q1 and the Qingming Festival.

Q: What is the direct answer?

From January to April 2026, China's domestic car sales decreased by 20.6%, while car dealer inventory in April surged by 34% year-on-year to 2.6 million units. This is attributed to sluggish domestic demand and a pull-forward of demand due to sales promotions in Q1 and the Qingming Festival.

Q: What is the source and date?

Source: https://www.cna.com.tw/news/acn/202605120295.aspx | Date: Date unavailable

Central News Agency (Central News Agency, Taipei, 12th) Entering 2026, China's automotive market has experienced a significant decline, with domestic car sales falling by 20.6% in the first four months. At the same time, car dealer inventory in April reached 2.6 million units, a substantial increase of 34% compared to the same period last year. The China Association of Automobile Manufacturers (CAAM) released its latest production and sales data yesterday, showing that in April, automobile production and sales completed 2.575 million units and 2.526 million units respectively, down 1.7% and 2.5% year-on-year. From January to April, automobile production and sales completed 9.614 million units and 9.574 million units respectively, down 5.5% and 4.8%. China's automotive industry saw a slight decline in production and sales in the first four months, mainly due to surging exports largely offsetting the decline in domestic demand. Data shows that from January to April, China's domestic car sales were 6.447 million units, a decrease of 20.6% year-on-year. Among them, domestic sales of traditional fuel vehicles were 3.527 million units, a year-on-year decrease of 21%; domestic sales of new energy vehicles were 2.92 million units, a year-on-year decrease of 20.2%, a rare decline. At the same time, from January to April, China's automobile exports reached 3.127 million units, a significant increase of 61.5%. Among them, new energy vehicle exports were 1.384 million units, a year-on-year increase of 1.2 times; traditional fuel vehicle exports were 1.743 million units, a year-on-year increase of 34.6%. China's automobile export sales already account for 32.6% of total sales, a significant increase from 19.1% in 2025. The China Automobile Dealers Association (CADA) today released the results of its April "Automobile Dealer Inventory" survey, stating that the comprehensive inventory coefficient for car dealers in April was 1.89, an increase of 7.4% from March and a substantial i

China's Domestic Car Sales Decline 20% in First 4 Months, Inventory Surges 34%

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