Overview
- China’s passenger-vehicle retail sales fell over 14% year over year in December 2025 to 2.261 million units, even as full-year retail rose 3.9% and NEV sales climbed 17.6%, with trade-in subsidies set to continue in 2026.
- Tesla’s China retail sales declined about 4.8% in 2025 to 625,698 units, but the company posted a record 93,843 domestic deliveries in December, according to CPCA figures.
- Volkswagen Group’s global BEV deliveries rose 32% in 2025 to 983,100, while its BEV sales in China fell by more than 44% and total sales there dropped 8%.
- Australia’s market mix shifted as passenger-car sales sank 22.6% in 2025 to 157,484 (13% share), while vehicles imported from China exceeded 220,000 deliveries as Chinese brands gained ground.
- In the U.S., 2025 new light-vehicle sales reached about 16.3 million, with BEV sales estimated to have declined 2.1% to 1.27 million following changes to the federal tax credit.