China Auto Imports Down 32% YoY from January to June: Crui Dongshu, Vice Secretary-General of Jiaoli Federation
AI Quick News reports that on August 7th, Crui Dongshu, Vice Secretary-General of Jiaoli Federation, published an article stating that from January to June in 2025, a total of 220,000 vehicles were imported, which represents a year-on-year decrease of 32%, this being the largest decline seen recently. Among them, 43,000 vehicles were imported in June, with a year-on-year decrease of 30% and a month-over-month decrease of 9%. Since peaking at 1.43 million units in 2014, import volumes have been declining; although there was a slight rebound in 2016-2017, the decline has continued since then. In 2024, import volume continued to plummet, with only 700,000 units imported throughout the year, representing a year-on-year decrease of 12%. The pressure on import vehicles remains significant.
Daily Economic News