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China continues to lead global car market

China

China

China

China continues to lead global car market

2026-10-03 02:56 Last Updated At:09:07

China continued to lead global car sales, accounting for nearly one-third of worldwide deliveries in the first eight months of the year, according to data from the World Automobile Organization, as emerging markets drove overall growth in the global auto industry.

Data released by the organization showed that 63.43 million passenger cars were sold from January to August. Of that total, China accounted for 20.31 million units, or 32 percent of global sales.

The United States ranked second, with 10.94 million passenger cars sold, accounting for 17.2 percent of global sales. By contrast, auto sales in Europe remained largely flat or edged lower over the same period.

China's global market share has been climbing since 2022 and reached a record high in 2025.

During the first eight months of the year, worldwide passenger car deliveries rose 2 percent year on year, powered by robust performance across emerging economies.

India posted a 20-percent increase in car sales, Vietnam's market jumped 28 percent, Thailand registered a 16-percent gain, while Russia recorded a 6-percent rise.

China continues to lead global car market

China continues to lead global car market

European stock markets closed higher on Friday, buoyed by falling oil prices, weaker-than-expected U.S. employment data and a notable decline in German 10-year government bond yields.

The United Kingdom's FTSE 100 index rose 0.32 percent to close at 10,461.95 points. France's CAC 40 index gained 0.79 percent to finish at 7,897.19 points. Germany's DAX index increased 1.17 percent to end the session at 25,231.20 points.

European stocks close higher on falling oil, weak U.S. jobs data

European stocks close higher on falling oil, weak U.S. jobs data

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