Vehicle production in February totaled 1.672 million units, while sales reached 1.805 million units. Compared with January, output fell 31.7% and sales declined 23.1%. On a year-on-year basis, production dropped 20.5% and sales decreased 15.2%.

For the January'February 2026 period, cumulative vehicle production stood at 4.122 million units and total sales reached 4.152 million units, representing declines of 9.5% and 8.8% respectively from a year earlier.

The top 15 auto groups sold 3.875 million vehicles during the first two months, down 9% year on year, accounting for 93.3% of the total market.

Domestic demand weakened significantly in February. Vehicle sales within China totaled 1.133 million units, falling 32% month on month and 32.9% year on year. Sales of traditional internal-combustion vehicles reached 650,000 units, down 36.4% from January and 29.9% from a year earlier.

Across the first two months, domestic sales amounted to 2.799 million units, a 23.1% decline, including 1.673 million conventional fuel vehicles, down 19.8% year on year.

Exports remained a bright spot. China exported 672,000 vehicles in February, down 1.4% month on month but up 52.4% year on year. Total exports for January'February reached 1.352 million units, a 48.4% increase compared with the previous year.

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