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2026-11-02 13:40:25
[China Accounts for 32% of Global Automotive Market Share in January-September 2026] Cui Dongshu wrote that, according to statistics from the World Organization of Motor Vehicle Manufacturers, global automobile production continues to grow, reaching 96.89 million units in 2025, a 6% increase from 91.77 million units in 2024. China accounts for 35.4% of global production. In the first nine months of 2026, global automobile sales totaled 72.52 million units, a year-on-year increase of 3%; however, September sales alone reached 8.74 million units, a year-on-year increase of only 2% and a month-on-month increase of 12.4%, indicating weak growth momentum in the global auto market. The Chinese auto market has an extremely significant influence on the global auto market. From 2016 to 2018, China accounted for about 30% of the world's automobile market; in 2019, this figure dropped to 29%, but China still maintained an absolute advantage; in 2020-2021, China's share rebounded to 32%; in 2022, China's share rose to 33.5%; in 2023, China's share remained at 33.8%; in 2024, China reached a share of 34.2% of the world's automobile market; and in 2025, China reached a share of 35.4% of the world's automobile market.
