FinanceSun, 30 Au
CPCA's Cui Dongshu: China's Car Imports Hit 43,000 Units in July 2026, Down 13% YoY
Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), revealed that China's auto imports in July 2026 reached 43,000 units, a 13% year-on-year decline. From January to July, imports totaled 240,000 units, down 11%, with high-value imported four-wheel-drive SUVs performing particularly poorly. Despite a low base in early 2025 cushioning the 31% retail drop to 220,000 units for the first seven months, July's retail sales plunged 40% to 27,000 units. Japan, Germany, and the US led import sources. The luxury market showed divergent trends, with Lexus maintaining stability as the top imported luxury brand, while some ultra-luxury brands showed signs of collapse.