Cui Dongshu: Global car market to decline by 2% in the first quarter of 2026, with the market share of Chinese domestic brands "rising in the East and falling in the West" rising.

date
30/04/2026
According to the Wall Street Journal app, Cui Dongshu wrote that global automotive sales in March 2026 reached 8.58 million units, a 3% decrease compared to the previous year. From January to March, global automotive sales reached 22.4 million units, a 2% decrease year-on-year. Overall, the Chinese car market reached 31.5% of the world in 2026, a decrease of 4 percentage points compared to 2025.