China posted strong July auto export numbers (in both dollar and volume terms) -- Total exports of vehicles topped 7m over the last 12ms, and passenger car exports topped 6m 1/

Without exports, China's auto output would still be below its 16-18 levels 2/

domestic sales of new energy vehicles (battery electric cars and plug in hybrids) topped sales of conventional gasoline cars over the last 12ms (NEV exports have picked up in 2025, but are still smaller than ICE exports) 3/

China is on a trajectory to post a $100b trade surplus in finished cars in 2025 4/

The steep plunge in Chinese auto imports that started last fall has continued (many German auto executives still have their heads in the sand here, the trend is clear). And Chinese vehicle exports are once again rising in dollar terms as well 5/5