The Beijing Auto Show, which opened to the public this week, highlights how intense competition in China has pushed new car prices in the world’s largest auto market down to a fraction of those in the United States.

China’s Changan said on Tuesday that it aims to become one of the world’s top-10 automakers by 2030, while increasing its global sales by more than two-thirds, joining other Chinese carmakers setting ambitious expansion targets overseas.

China’s exports of passenger cars accelerated in March as automakers expanded their push into overseas markets, according to an industry association.

Japan’s Mazda has surged to sixth place in Russian car sales despite leaving the market in 2022, according to data from Autostat.

China’s car sales growth slowed to its weakest pace in three years in 2025, while exports of made-in-China vehicles exceeded expectations, data from the China Passenger Car Association (CPCA) showed.

China has announced a two-year work plan aimed at stabilizing and promoting growth in itsautomotive sector.

China’s car sales growth decelerated in July, largely due to weakening demand for hybrid vehicles, as government regulators clamp down on a price war that has strained the automotive industry.

China's car sales sustained their upward trajectory in 2024, as sales of electric vehicles (EVs) and plug-in hybrids reached an all-time high in the world’s largest auto market.