cross-posted from: https://mander.xyz/post/53605046

Facing a severe domestic sales slump, Chinese auto giants are aggressively exporting vehicles to international markets to offset declining sales and secure growth.

The reality inside the world’s largest automobile market is undeniably grim at this moment in time. According to the China Passenger Car Association (CPCA), domestic new-car sales extended a severe downturn in May 2026, dropping 22.3 percent year-on-year to just 1.53 million units. This might still sound like a lot, but the overarching trend is that this marks the eighth consecutive month of year-on-year sales declines. The year-to-date figures are just as concerning for the Chinese auto industry – sales are down 19.7 percent this year to just 7.18 million vehicles in the first five months of the year. This prolonged slump has forced the hand of the CPCA to drastically revise its full-year forecast, which now predicts an 11 percent sales slump. This is in stark contrast to the previous estimate of a 1 percent reduction in sales.

As industry experts have noted, China’s auto industry has likely moved past its domestic “golden era” … but the local population can no longer absorb the sheer volume of cars rolling off the assembly lines. The result is a simple economic reality: if domestic buyers won’t buy them, automakers have no choice but to aggressively sell them to the rest of the world.

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    • goferking (he/him)@lemmy.sdf.org
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      37 minutes ago

      That is a very misleading title.

      Which is all this account does. All that matters are headlines that attack China no matter the source or content of the article

    • Saledovil@sh.itjust.works
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      1 hour ago

      Like, why wouldn’t they export them. I’ve only heard good things about the quality of Chinese EVs. Though I’m not a car person.

    • Sepia@mander.xyzOP
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      1 day ago

      The title is perfectly accurate. The share of EV sales isn’t relevant here. There would be enough room for more EV sales in China given its big markwt size, but - as the article says - consomer confidence is low.

      And this weak domestic market is typical for China, we can observe this in practically all industries. It’s a result of China’s mercantilism with the country depending more and more on exports. We have seen where such a trade policy ends some 300 years ago in Europe.

  • melsaskca@lemmy.ca
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    1 day ago

    Canada is aggressively importing Chinese vehicles because nobody can afford the big, fat, bloated north american products.

    • SaveTheTuaHawk@lemmy.ca
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      4 hours ago

      50,000/yr in a market of 2 million/yr is not “aggressive”.

      Ford and GM have no problem selling F150s and Silverados in Canada. We have plenty of brahs here.

    • Sepia@mander.xyzOP
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      1 day ago

      Yeah, the only vehicles that have arrived in Canada from China so far are Tesla SUVs for slightly more than CAD 40k. Tesla through the company’s Chinese factory will reportedly be the main beneficiary from the Canada-China deal.

      [Edit typo.]

  • Marty_TF@lemmy.zip
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    1 day ago

    only under capitalism is a drop in consumption because the demand has been satisfied seen as something bad.

    how the fuck can one unironically say “china managed to make more cars than they themselves need so now they have to export the surplus for cheap” and think that that’s bad.

    • 4am@lemmy.zip
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      1 day ago

      Because China bad, bro. Isn’t it obvious? See if China gets good, we look bad. If we look bad, no one gamble on us.

      If no one gamble on us, all gamble we did on us loses, and then we bad. We must make China look bad so we win gamble. Life is gamble bro, can’t win if not play.

  • baines@lemmy.cafe
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    1 day ago

    lol no one is buying this us bullshit

    china is fucking eating your lunch because no one wants a fucking 80k ford f350 outside burger land

    • SaveTheTuaHawk@lemmy.ca
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      4 hours ago

      ? Where are people getting the idea no one is buying US vehicles? Ford sold almost a million F150s last year.

      • baines@lemmy.cafe
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        29 minutes ago

        thats not a good number and those are boosted by government subsidized fleet sales

  • NoSpotOfGround@lemmy.world
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    1 day ago

    So, what caused this? The primary issue is the widening gap between China’s headline-grabbing economic growth and the propensity of its people to consume big-ticket goods and services. Weakened consumer confidence, reduced EV subsidies (which have long been the primary driver for EV purchases), and a market that has finally found stable maturity after years of rapid growth and expansion. This cocktail of factors has combined to create the perfect storm for China’s auto industry.