China's domestic car demand under pressure, association exec says
China's car market faces a tough year. Domestic demand has fallen significantly. This trend is expected to continue until 2026. The automotive industry is focusing on stabilizing sales at home. Vehicle exports are surging, providing a crucial boos...

"Stabilizing domestic demand this year should be regarded as a very important task for the automotive industry," said Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers (CAAM).
China's total vehicle sales dropped 2.1% in May from a year earlier, while sales at home slid 20.4% year on year, CAAM data showed on Wednesday.
Vehicle exports jumped 68.7% on year last month to remain as a key driver of the sector that has increasingly relied on overseas shipments to offset domestic weakness.
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