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Cui Dongshu of the Passenger Transport Association published an article stating that in August 2026, the national passenger car market retailed 1,541 thousand vehicles, down 23.6% year on year and up 5.5% month on month; since this year, 11.716 million vehicles have been sold, down 20.7% year on year. In August, the domestic passenger car market showed an operating trend of “weak total repair, month-on-month strengthening, and extreme structural differentiation”. The late stage of the off-season was “building strength”, and the structural adjustment of the industry was further deepening. The Chuanglian Forecast Team's forecast index for July was 19%, the July satisfaction rate assessed in mid-August was 17%, and our August forecast index was 12%, which is at the bottom of history. Satisfaction with the mid-September release is expected to improve.
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Cui Dongshu of the Passenger Transport Association published an article stating that in August 2026, the national passenger car market retailed 1,541 thousand vehicles, down 23.6% year on year and up 5.5% month on month; since this year, 11.716 million vehicles have been sold, down 20.7% year on year. In August, the domestic passenger car market showed an operating trend of “weak total repair, month-on-month strengthening, and extreme structural differentiation”. The late stage of the off-season was “building strength”, and the structural adjustment of the industry was further deepening. The Chuanglian Forecast Team's forecast index for July was 19%, the July satisfaction rate assessed in mid-August was 17%, and our August forecast index was 12%, which is at the bottom of history. Satisfaction with the mid-September release is expected to improve.
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