In 2024, China's auto imports continued to exhibit a downward trend, totaling 705,000 units, marking a year-on-year decrease of 11.7%. The import value also fell by 16.1%, reaching RMB 278.54 billion. This decline is primarily due to the rapid evolution of domestic brands in the realms of electrification and intelligence, which has significantly disrupted the imported car market. Furthermore, the increasing local production of imported car models has further eroded the market share of imported vehicles. Despite luxury cars maintaining their dominance in imported car sales, ultra-luxury brands have witnessed the most substantial declines. Among the top ten imported brands, Toyota stands out as the only one to achieve positive growth. Additionally, imports and sales of new energy vehicles have been volatile, with annual sales plummeting by 47.13% year-on-year to merely 24,317 units. It is noteworthy that the average customs clearance price per imported car has consistently risen, increasing from RMB 252,100 in 2015 to RMB 395,100 in 2024.