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International Car Brands Scale Back in China Amid Decline

4/6/2026

36 5 Full Breakdown

Summary

Story summary

International car brands are exiting or reducing operations in mainland China as sales and market share decline.
Skoda, a Volkswagen brand, has ceased operations in China.
Volkswagen reports a 95% decline in Skoda's sales from 2019 to 2025, with 15,241 units sold in 2024.
Chen Jinzhu, CEO of Shanghai Mingliang Auto Service, says competition will drive consolidation in the automotive industry over the next three to five years.

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Story summary

International car brands are exiting or reducing operations in mainland China as sales and market share decline.
Skoda, a Volkswagen brand, has ceased operations in China.
Volkswagen reports a 95% decline in Skoda's sales from 2019 to 2025, with 15,241 units sold in 2024.
Chen Jinzhu, CEO of Shanghai Mingliang Auto Service, says competition will drive consolidation in the automotive industry over the next three to five years.