CPCA: Passenger car sales in China in July 2026 to reach 1.52 million units

The Chinese Passenger Car Association (CPCA) said that retail sales of passenger cars in China are expected to reach 1.52 million units in July this year, down 5.1 percent month-on-month and down 16.8 percent year-on-year. In particular, retail sales of new energy vehicles in China are expected to reach 980,000 units, remaining almost stable compared to the previous month, with the NEV market penetration rate of about 64.5 percent in July and continuing to grow, signaling that NEV is still the main driver of car sales

July is traditionally a lull for the automotive market. There is an effect of postponing the semi-annual sales rush in June, and the market will again depend on real demand. High temperatures, torrential rains and floods in many regions have led to the suspension of pedestrian traffic and delivery through terminals, which has led to consumers' reluctance to purchase vehicles. The official trade-in policy and increased supply of new cars provide basic support to the market, allowing it to operate at a moderately low level in a seasonal downturn.

Eunice OuyangEditor

I graduated from Shanghai University of Science and Technology and have 16 years of deep experience in the steel industry. I am responsible for news and intelligence related to steel, as well as head of the content team in China.