Car Market Analysis

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【周度分析】车市扫描(2025年6月1日-6月8日)
乘联分会· 2025-06-11 08:32
Group 1: Market Overview - From June 1 to June 8, the national retail sales of passenger cars reached 343,000 units, a year-on-year increase of 19%, but a month-on-month decrease of 12%. Cumulative retail sales for the year reached 9.159 million units, up 10% year-on-year [1][3] - During the same period, wholesale sales of passenger cars amounted to 311,000 units, a year-on-year increase of 10% and a month-on-month decrease of 2%. Cumulative wholesale sales for the year reached 11.1 million units, up 12% year-on-year [1][5] - The retail penetration rate of new energy vehicles (NEVs) reached 58.8%, with retail sales of 202,000 units, a year-on-year increase of 40% [1][3] Group 2: Economic and Policy Impact - The domestic economic situation has improved, particularly in exports, which has stabilized domestic demand. Various local policies promoting consumption have activated market conditions [3] - Dealers have intensified promotional activities to capitalize on trade-in policies, leading to increased consumer purchasing enthusiasm [3][5] - The automotive market is experiencing a shift in consumption hotspots, with strong performances in pure electric vehicles, range-extended new products, and hybrid models [3] Group 3: Used Car Market - In the first four months of 2025, the used car transaction volume reached 6.31 million units, a year-on-year increase of 0.5%, while transaction value decreased by 2.7% to 413.4 billion yuan [5][6] - The penetration rate of new energy vehicles in the used car market reached 9.1% in April 2025 [5][6] - The used car market in China is in a rapid growth phase, with significant potential for future development, especially with the introduction of national scrappage policies [6] Group 4: Export Performance - In April 2025, the sales of Chinese self-owned brands in overseas markets reached 241,000 units, a year-on-year increase of 13% [7] - From January to April 2025, the total overseas sales of Chinese self-owned brands reached 660,000 units, up 9% year-on-year [7] - The export strategy of Chinese automotive brands has evolved, focusing on local assembly and production, which has shown significant results [8] Group 5: Price Trends - The number of models with price reductions has significantly decreased from January to May 2025, indicating a stabilization in pricing strategies [9] - The average price reduction for new energy vehicles was 17,000 yuan, with an overall market reduction of 23,000 yuan during the same period [10] - The promotional efforts for new energy vehicles have increased, with a promotional reduction rate of 11% in May 2025, reflecting a recovery in market conditions [10]