The future of the automotive sector

Car exports from China surged by 80 percent

Car exports from China increased by 80 percent in June compared to the same month last year, writes TT.

During the first half of the year, China exported more than 4.4 million cars, an increase of 72 percent compared to the same period in 2025.

The Chinese domestic market looks darker, with a sales slump of 26 percent. The market in China is characterized by price wars and falling demand in the wake of a persistent real estate crisis that is draining Chinese household coffers. In addition, government subsidies for the purchase of electric cars in China have been withdrawn.

Porsche sales fall – weak development in the US

Porsche sales fell by 16 percent in the first half of 2026, several media outlets report. The German sports car manufacturer sold a total of 122,306 cars, the lowest level since 2020.

The development was weighed down by low demand in the company's largest market, North America, where sales fell by 13 percent. In the third largest market, China, sales fell by 32 percent.

Porsche has been hit hard by US tariffs, as it has no manufacturing operations in the US.