Overview
- In China, December passenger-vehicle retail sales fell 14% year over year to 2.261 million, while NEV sales hit a record 12.82 million for 2025, taking roughly 54% share and lifting local brands to nearly two-thirds of the market.
- Volkswagen’s BEV registrations in China fell by more than 44% in 2025 and total China sales declined 8%, even as Group BEV deliveries rose 32% globally to 983,100.
- BMW’s fourth-quarter deliveries dropped 4.1% as demand softened in the US and China, with China down 15.9% and BEV deliveries off 10.5% in the quarter.
- Tesla’s retail sales in China slipped 4.8% for 2025 to 625,698, yet December set a domestic record with 93,843 deliveries.
- Chinese marques expanded abroad, with Australia recording over 220,000 vehicle imports from China in 2025 and fast-rising shares for GWM, BYD and other newcomers.