China car market – China’s booming car market shows worrying signs of slowdown as government incentives fade, consumer confidence weakens, and electric vehicle growth cools across the world’s largest auto industry in October 2025 12-11-2025
China’s passenger vehicle sales fell by 0.8 % in October 2025 after eight consecutive months of growth. With government subsidies and tax incentives winding down, consumer sentiment is cooling. The slowdown raises questions about sustainability of the market’s momentum and the future for new-energy vehicles and domestic manufacturers.
