Core Insights - The latest data from the China Passenger Car Association (CPCA) indicates that in September 2023, 23 car models experienced price reductions, compared to 36 models in the same month last year and 11 models in September 2023, suggesting a relatively stable market [1] - The promotional intensity for new energy vehicles (NEVs) remains at a high level of 10.2%, which is an increase of 2.6 percentage points year-on-year and a slight increase of 0.7 percentage points from the previous month [1] - Traditional fuel vehicles saw a promotional intensity of 23.9%, which is an increase of 1 percentage point from the previous month and an increase of 1.9 percentage points year-on-year [1] - CPCA Secretary-General Cui Dongshu noted that the trend of reducing price wars is pushing the automotive market towards a direction of "fewer price cuts and more stable promotions," indicating a more stable market operation [1]
乘联分会：9月车市23款车型降价
Mei Ri Jing Ji Xin Wen·2025-10-13 03:41