Zhong Guo Zhi Liang Xin Wen Wang·2025-09-05 03:25Group 1 - In August 2025, the wholesale volume of passenger cars in China reached 2.409 million units, representing a 12% increase year-on-year and an 8% increase month-on-month. Cumulatively, 17.934 million units have been wholesaled this year, also up by 12% compared to the same period last year [1] - Retail sales in August amounted to 1.952 million units, showing a 3% year-on-year increase and a 7% month-on-month increase. Year-to-date retail sales reached 14.698 million units, up 9% year-on-year [1] Group 2 - In August, the wholesale volume of new energy vehicles (NEVs) was 1.292 million units, a 23% increase year-on-year and a 9% increase month-on-month. The cumulative wholesale volume for NEVs this year stands at 8.926 million units, reflecting a 33% year-on-year growth [3] - Retail sales of NEVs in August reached 1.079 million units, marking a 5% year-on-year increase and a 9% month-on-month increase. Year-to-date retail sales for NEVs totaled 7.535 million units, up 25% year-on-year [3] - The retail penetration rate for NEVs in August was 55.3%, while the wholesale penetration rate was 53.6% [3] Group 3 - The pressure for stable economic growth in various regions has significantly decreased in the first half of the year, with promotional policies in the automotive market being steadily implemented. The issuance of subsidies has become more rhythmic and controlled, leading to a relatively stable retail market trend [5] - The global automotive market is further differentiating, with Chinese domestic brands significantly increasing their market share. Companies like BYD, Geely, Chery, and Changan are performing strongly, with BYD ranking 6th globally, Geely 9th, and Chery 11th [5]