Key Market Indicators
Chinese Car Registration is set to reach 23,675,000 Units by 2026 from 20,508,000 Units in 2021, growing 1.6% year on year average rate. Since 2010, Chinese demand was down by 3.4% year on year.
Chinese Car Production is set to reach 23,733,000 Units by 2026 from 20,400,000 Units in 2021, growing 1.7% year on year average rate. Since 2002, Chinese supply decreased by 3.5% year on year. Japan, Germany and South Korea respectively came in numbers 2, 3 and 4 in this ranking.