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China Galaxy Securities: July Auto Market Shows Resilience Amid Off-Season, New Energy Penetration Hits Record High
2025-08-20 /
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Author：小编
According to data from the China Association of Automobile Manufacturers, China Galaxy Securities observed that while the auto market in July experienced a traditional off-season with a month-over-month sales decline, year-over-year growth remained robust, showcasing the market's resilience despite the seasonal slowdown. Terminal demand continued to be robust, and the reintroduction of replacement subsidy policies in certain regions is anticipated to bolster domestic auto demand. Furthermore, the domestic penetration rate of new energy passenger vehicles has surged to an all-time high and is expected to sustain a monthly upward trend fueled by fresh supply.
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