China Association of Automobile Manufacturers: The passenger car market continued to show differentiated characteristics in May, with exports becoming the main support.
Wisdom Financial APP learned that on June 15, the China Association of Automobile Manufacturers released a brief analysis of the production and sales of passenger cars in May 2026. According to the analysis of the China Association of Automobile Manufacturers, in May 2026, the passenger car market continued to show differentiated characteristics, with the domestic market experiencing a double-digit year-on-year decline due to factors such as insufficient consumer willingness, policy adjustments, and further pressure on fuel vehicles; exports continued to maintain rapid growth and became the main support.
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