CPCA: Passenger Vehicle Prices Rose to 184,000 Yuan in 2024, Dropped in 2025, and Rebounded in 2026

Published: Mar 15, 2026 21:53

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[SMM Aluminum Bulletin] Cui Dongshu, Secretary General of the CPCA, stated in a post that the average retail price of passenger vehicles was 165,000 yuan in 2021, rising all the way to 184,000 yuan in 2024. In 2025, the average price of passenger vehicles was 170,000 yuan, down 14,000 yuan from the 2024 average. In February 2026, the average price of passenger vehicles was 180,000 yuan, up 15,000 yuan year on year.

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