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China Automobile Dealers Association: February to Usher in a Phased Adjustment Phase for the Auto Market
5 day ago /
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Author：小编
On February 2, the China Automobile Dealers Association unveiled its latest "Automobile Consumption Index," revealing that the automobile consumption index for January 2026 stood at 31.1. It is anticipated that vehicle sales in February will experience a downturn compared to January, as the market transitions into a sluggish period owing to the Spring Festival. Driven by a confluence of factors—including the extended Spring Festival holiday, the premature depletion of demand, the scaling back of purchase tax incentives for new energy vehicles, and consumers' anticipation of post-holiday promotions and new product introductions—the auto market is poised to enter a phased adjustment phase in February.
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