{"id":28685,"date":"2026-03-13T15:10:21","date_gmt":"2026-03-13T13:10:21","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=28685"},"modified":"2026-03-13T15:10:21","modified_gmt":"2026-03-13T13:10:21","slug":"volkswagen-reclaims-top-spot-in-china-car-sales-byd-falls-to-fourth-as-ev-subsidies-fade","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/volkswagen-reclaims-top-spot-in-china-car-sales-byd-falls-to-fourth-as-ev-subsidies-fade\/","title":{"rendered":"Volkswagen reclaims top spot in China car sales, BYD falls to fourth as EV subsidies fade"},"content":{"rendered":"<div>VW&#8217;s Chinese joint ventures with FAW and SAIC held a combined 13.9% share of the country&#8217;s passenger vehicle market in sales \u200bterms, followed by Geely at 13.8% and a combined 7.8% from Toyota&#8217;s \u200bJVs with GAC and FAW, data from the China Passenger \u2060Car Association showed.<\/div>\n<div><\/div>\n<div>The legacy automakers&#8217; comeback in the market where they \u200bhave been struggling to catch up with local rivals in EVs comes \u200bas purchase tax exemptions on electric cars expire and Beijing scales back subsidies for trading in EVs.vAs subsidies fade, hybrid EVs that Toyota specialises in were shown \u200bto have steered some consumers away from PHEVs, said Cui Dongshu, secretary-general \u200bat CPCA. Local automakers betting on budget electric and plug-in hybrid vehicles take the biggest \u200chits \u2060from the curtailed incentives.<\/div>\n<div><\/div>\n<div><\/div>\n<div>BYD, which unseated VW as the biggest carmaker in China by sales in 2024 and held onto the crown last year, fell to fourth place with 7.1% market share in the January-February \u200bperiod when its overall \u200bsales posted \u2060the biggest drop since the pandemic. The biggest competitor to Tesla unveiled its first major battery upgrade in six years \u200blast week to revive sales in its home market \u200bwhere a \u2060shift toward a value-driven auto market away from bruising price wars is well in motion.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":13695,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-28685","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Volkswagen (VW) reclaimed car sales dominance in China, the world's largest auto market, in the first two months of 2026 when Toyota \u200balso regained ground, both overtaking local electric vehicle champion BYD amid fading subsidies for greener cars","published_date":"2026-03-13 00:00:00","news_description":"Volkswagen (VW) reclaimed car sales dominance in China, the world's largest auto market, in the first two months of 2026 when Toyota \u200balso regained ground, both overtaking local electric vehicle champion BYD amid fading subsidies for greener cars","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/28685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/28685\/revisions"}],"predecessor-version":[{"id":28686,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/28685\/revisions\/28686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13695"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=28685"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=28685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}