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On February 12, the China Passenger Car Association (CPCA) highlighted that February would encompass merely 16 working days. This year, the Spring Festival holiday extends to a record-breaking 9 days, marking a reduction of 3 days compared to the 19 working days in February 2025. Due to the sluggish auto consumption trends observed before and after the Spring Festival holiday, the majority of automakers have opted to extend their annual leave by a few additional days. Consequently, this decision has significantly curtailed the effective production and sales window in February. As a result, it is anticipated that auto market sales will experience a notable decline, reaching the lowest point of the year. Nevertheless, this downturn may offer some relief in terms of alleviating inventory pressure at the retail level, which is a silver lining amidst the challenges.
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