Estimated growth in the passenger vehicle retail market

Published: Jul 25, 2025 15:44

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[SMM Tin News]
According to the latest producer survey data from the Passenger Car Association, the retail targets of leading producers, which account for about 80% of the total market, increased by 6% YoY in July this year compared to July last year, and decreased by about 10% MoM from the previous month. Based on comprehensive estimates, the total retail market for narrowly defined passenger vehicles this month is expected to be around 1.85 million units, up 7.6% YoY and down 11.2% MoM. Among them, new energy vehicle retail sales are expected to reach around 1.01 million units, with the penetration rate expected to rise to 54.6%.

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