The CPCA anticipates a continued recovery in the automotive market during June. Despite facing challenges such as sluggish macroeconomic consumption, the high-temperature off-peak season, and the surge in purchases at the end of May, several factors are expected to bolster the market. These include the ongoing effectiveness of trade-in policies, the launch of multiple new car models, and promotional campaigns tied to the Dragon Boat Festival and the '618' shopping event, all of which are set to provide robust support to the automotive sector. The momentum of recovery is projected to mirror that of May, with the market in June expected to demonstrate a pattern of "stable sales at the beginning of the month and a surge in purchases towards the end."

According to the latest survey, leading manufacturers, which account for 70% of total market sales, have set retail targets that are approximately 10% higher month-on-month, reflecting a strong determination to meet their half-year goals. Preliminary estimates indicate that the retail volume of narrow passenger vehicles in June will reach around 1.65 million units, marking a 9.3% increase from the previous month. Specifically, the retail volume of new energy vehicles is forecasted to hit about 1.05 million units, representing a 10.5% month-on-month rise and a penetration rate of 63.6%. This data underscores the widening gap between new energy vehicles and traditional fuel vehicles in the market.