China's Car Market Faces Worst Year Since 2021 Amid Sales Plunge

China's car market is heading for its worst year since 2021, with sales plunging by 20%. This significant decline indicates a crisis in the luxury goods sector and broader economic challenges.

20 Jul, 08:43 — 20 Jul, 08:43

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cnbcMostly Factual20d ago

China's car market heads for worst year since 2021 as sales plunge 20%

Consumer demand for cars in China tumbles following record-high sales of 23.7 million units in 2025.

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First report: vijesti-me · 20 Jul, 08:25|Full coverage: 2 · 19m|Window: 19m

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vijesti-me20 Jul, 08:25First to report

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cnbc20 Jul, 08:43Latest update

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China's Car Market Faces Worst Year Since 2021 Amid Sales Plunge

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China's car market heads for worst year since 2021 as sales plunge 20%

Coverage Timeline

Luksuzna roba u krizi

China's car market heads for worst year since 2021 as sales plunge 20%

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