https://www.live-feeds.com/feed/china-home-car-sales-downturn-continues-exports-retain-momentumContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/china-home-car-sales-downturn-continues-exports-retain-momentumhttps://www.live-feeds.com/feed/china-home-car-sales-downturn-continues-exports-retain-momentum#u132658Sun, 18 Oct 2026 17:27:16 +0000China's domestic passenger vehicle retail sales fell 24% in September, marking the 12th consecutive monthly decline and the sharpest drop of the year. This slump occurred during the industry's traditional peak buying season, with both gasoline and electric vehicle deliveries falling sharply despite deep discounting. To offset the sluggish home market, Chinese automakers are increasing reliance on overseas markets. Exports remain a primary growth driver, particularly for electric vehicles, even as the European Union imposes a yearly import cap of 350,000 hybrid vehicles.Why it matters