China's April Passenger Car Sales Drop 20% YoY, 15% MoM Amid Ongoing Market Slump

Published: May 9, 2026 17:07

Save

According to preliminary statistics from the CPCA, retail sales of passenger vehicles in China totaled 1.406 million units in April, down 20% YoY and down 15% MoM. Cumulative retail sales year-to-date reached 5.628 million units, down 18% YoY.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 mins ago

Longyuan Shares to Invest 329M in New Energy and Lightweight Auto Parts Project

Longyuan Shares stated that its new energy business focuses on the field of NEV electronic control system and electric drive system parts, with core products including electronic control system OBC housings, onboard power supply integrated product housings, and end covers. To further deepen and strengthen its presence in the new energy market, Longyuan Shares plans to raise funds and channel them primarily into the new energy three electric systems (power battery, drive motor and electronic control system) and lightweight automobile parts production project (Phase II). The project is expected to require an investment of 329 million yuan, and upon completion, it will add an annual capacity of 14.2 million aluminum alloy die-cast parts.

5 mins ago

15 hours ago

Secondary Aluminum Operating Rate Declined in April, with Downward Pressure Persisting in May[SMM Analysis]

[SMM Analysis]Secondary Aluminum Operating Rate Declined in April, with Downward Pressure Persisting in May

15 hours ago

Cost Support Remains Strong, Aluminum Auxiliary Material Prices Continue Upward Trend [SMM Analysis]

Cost Support Remains Strong, Aluminum Auxiliary Material Prices Continue Upward Trend

15 hours ago