China’s annual vehicle sales decreased approximately 8.5% in November 2025 compared with the same month last year, extending a two-month slump and representing the biggest fall in nearly ten months. The decline reflects softer consumer demand and broader economic headwinds affecting core industrial sectors.

The downturn raises concerns for global automakers dependent on China’s market and for domestic manufacturers who have been buoyed by strong NEV (new energy vehicle) growth in recent years. Some analysts call for renewed policy support to stimulate demand and counterbalance competitive pressures from export-oriented firms.