Fuel Vehicle Price System Crumbles: Substantial Price Cuts Prove Ineffective as Sales Volume Plummets Nearly 40% for Two Straight Months
10 hour ago / Read about 0 minute
Author:小编   

In May 2026, the fuel vehicle market witnessed significant price reductions, yet these efforts failed to revive sales. Retail sales of traditional fuel-powered passenger vehicles hit a mere 560,000 units, reflecting a staggering year-on-year drop of 39%. Specifically, sales of domestic brands, mainstream joint venture brands, and luxury brands saw declines of 39%, 41%, and 31% respectively, painting a grim picture of the market's current state.