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Every year from September to October is the traditional “golden nine silver ten” peak season for the domestic car market. In the past, it relied on holiday consumer dividends to release concentrated sales, but this year's peak season effect is weakening. According to data from the Passenger Vehicle Market Information Joint Branch of the China Automobile Dealers Association, the national passenger car market retailed 1.258 million vehicles from September 1 to 27, a year-on-year decrease of 29%; of these, 827,000 vehicles were retailed in the new energy market, with a penetration rate of about 65.7%. Under total pressure, the market is structurally divided: traditional fuel vehicles are being cleared at an accelerated pace, and new energy vehicles are being launched intensively.
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Every year from September to October is the traditional “golden nine silver ten” peak season for the domestic car market. In the past, it relied on holiday consumer dividends to release concentrated sales, but this year's peak season effect is weakening. According to data from the Passenger Vehicle Market Information Joint Branch of the China Automobile Dealers Association, the national passenger car market retailed 1.258 million vehicles from September 1 to 27, a year-on-year decrease of 29%; of these, 827,000 vehicles were retailed in the new energy market, with a penetration rate of about 65.7%. Under total pressure, the market is structurally divided: traditional fuel vehicles are being cleared at an accelerated pace, and new energy vehicles are being launched intensively.
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