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Cui Dongshu: The overall trend of the national automobile market in 2026 is relatively strong, with a noticeable rebound in the production material-heavy subsidy truck market and the passenger car market.

MeNews
ME AI In a message, Cui Dongshu, Secretary-General of the China Passenger Car Association, said today that China’s macroeconomy is maintaining relatively strong growth. With the country’s policies to promote consumption driving the auto market, the auto market is seeing strong growth momentum. In 2026, the overall trend of the national auto market remains strong, with a clear rebound in the truck and bus markets supported by high subsidies for production materials. In 2026, the commercial vehicle market shows structural growth characteristics driven by equipment renewal subsidies; the newly implemented high-subsidy policy for commercial vehicles is accelerating the electrification of logistics and transportation, and the commercial vehicle sector remains highly buoyant. (Source: Wall Street Insights)
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