China Automobile Industry Association: In May 2026, the passenger car market continued to show characteristics of differentiation.

According to the analysis of the China Association of Automobile Manufacturers, in May 2026, the passenger car market continued to show differentiation characteristics. The domestic market was affected by factors such as insufficient consumer willingness, policy adjustments, and further pressure on fuel vehicles, leading to a year-on-year double-digit decline. Meanwhile, exports continued to maintain rapid growth, becoming the main support.