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China Passenger Car Association Forecasts: June Retail Sales of Passenger Cars to Hit 2 Million, with New Energy Vehicles at 1.1 Million
1 week ago /
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Author：小编
To meet quarterly and semi-annual sales targets in June, major manufacturers significantly ramped up promotional activities, resulting in an average discount rate of approximately 24.8% across the automotive market. Leading manufacturers have set retail sales targets that are 15% higher year-on-year and 4% higher month-on-month. It is anticipated that retail sales of passenger cars in the narrow sense will reach approximately 2 million units this month, marking a 13.4% year-on-year increase and a 3.2% month-on-month rise. Furthermore, retail sales of new energy vehicles are expected to hit 1.1 million units, driving the market penetration rate up to 55%.
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