Tag Page ChinaAutoMarket

China’s Car Sales Just Hit a 10-Month Low

China’s car market is hitting the brakes—November saw the biggest sales drop in almost a year, down 8.5%! The rush to buy before government subsidies run out is fizzling, and even EVs can’t save the day (though they’re a record 59% of sales). BYD’s sales are slipping, Tesla’s bouncing back, and Xiaomi is crushing its goals. Exports are soaring, but at home, the competition is fierce and the vibes are tense. Would you buy a car in this market? #Cars #ChinaAutoMarket #EVs