Passenger Vehicle Production and Sales Decline Year-over-Year in June 2026

[Market Data] In June 2026, China's automobile sales declined by 3.2% year-over-year, with new energy vehicles (NEVs) accounting for 58.5% of total sales.

Key Trends: Passenger Vehicle Sales Drop 5.3% YoY, SUVs Surge Over 10% Against the Trend

2.402 million units – passenger vehicle sales in June, down 5.3% year-over-year; among them, SUV sales grew by over 10% year-over-year, while sedan production and sales both posted double-digit declines.

Key Metrics: NEV Penetration Reaches 58.5%, Commercial Vehicles Show Strong Growth

NEV sales reached 1.643 million units in June, up 23.6% year-over-year, representing 58.5% of total new vehicle sales; commercial vehicle sales totaled 409,000 units, an increase of 10.7% year-over-year.

Strategic Foundation: Weak Domestic Demand and Sluggish ICE Vehicle Sales Offset by Exports and NEVs as Dual Growth Engines

Impacted by high oil prices, demand for internal combustion engine (ICE) vehicles contracted, resulting in domestic passenger vehicle sales of only 1.497 million units; however, exports and NEVs continued to underpin the market’s fundamentals.