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China: China's auto industry sees double-digit growth in first 9 months
China's automotive industry demonstrated strong performance in the first nine months of this year, with multiple economic indicators achieving double-digit growth, according to the China Association of Automobile Manufacturers (CAAM) on Tuesday. The latest data showed that from January to September, auto production and sales reached 24.333 million units and 24.363 million units respectively, marking year-on-year increases of 13.3 percent and 12.9 percent, respectively. Notably, new energy vehicle (NEV) production and sales both surpassed 11 million units, with the year-on-year growth exceeding 30 percent. NEV sales accounted for 46.1 percent of total new vehicle sales in the first nine months. In terms of exports, a total of 4.95 million units were exported from January to September, representing a 14.8 percent increase year over year. NEV exports showed particularly impressive growth, reaching 1.758 million units, an 89.4 percent surge compared to the same period last year. Experts also highlighted that Chinese-brand passenger cars have maintained a strong market share this year. Their monthly sales accounted for approximately 70 percent of total passenger car sales, with the cumulative share for the first nine months reaching 69 percent, an increase of 5.1 percentage points compared to the same period last year. Shotlist: Beijing, China - Oct 14, 2025: FILE: China - Exact Location and Date Unknown 1. Aerial shot of factories; 2. Various of automobile production lines; 3. Various of cars, people at car dealership; 4. Various of cars moving on road, onto ship; 5. Aerial shot of cars at port; Beijing, China - Oct 14, 2025 6. SOUNDBITE (Chinese) Chen Shihua, deputy secretary-general, China Association of Automobile Manufacturers (starting with shot 5/ending with shots 7-8): "In September, the overall automotive market continued its positive momentum, with monthly year-on-year growth remaining above 10 percent for five consecutive months. The industry's overall operation maintained stable and healthy development. Various regions and departments have intensified the implementation of more proactive and effective macroeconomic policies, and the sustained improvement of the macro economy has played a significant role in promoting the stable operation of the automotive market."; FILE: China - Exact Location and Date Unknown 7. Various of automobile production lines, new cars; 8. Various of cars, people at car dealership; 9. Traffic; 10. Various of cars, people at car dealership; 11. Aerial shots of new cars; Beijing, China - Date Unknown 12. Traffic, buildings. [Restriction - No access Chinese mainland]
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