10-June-2026
Corporate News
 
China's domestic car demand under pressure, association exec says
10-Jun-2026

Beijing: China's domestic car demand has declined more sharply than expected at the start of the year and will likely remain under heavy pressure throughout 2026, an auto association executive said on Wednesday. "Stabilizing domestic demand this year should be regarded as a very important task for the automotive industry," said Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers (CAAM).

News Source:- https://economictimes.indiatimes.com/news/international/business/chinas-domestic-car-demand-under-pressure-association-exec-says/articleshow/131628119.cms