Search
CPCA: First-Half Efforts to Combat Internal Competition Yield Results, Marked by Sharp Decline in Price Cuts in Q2
1 week ago /
Read about 0 minute
Author：小编
The Chinese automobile market exhibited robust performance in the first half of 2025, with passenger vehicle retail sales soaring by 10.8% year-on-year and new energy vehicle retail sales surging by an impressive 33.3%. Policy-driven trade-in activities have yielded notable results. Nevertheless, subsidy funding shortages in select cities have introduced short-term market volatility. In June, sales of joint venture brands witnessed a significant rebound, while independent brands leveraged exports to propel sales growth. The industry ecosystem is progressively enhancing, evidenced by a reduction in price cuts and inventory levels. Growth is anticipated to moderate in July but is poised to resume a positive trajectory after August.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
