[CAAM: In June, passenger vehicle production and sales were 2.373 million units and 2.402 million units, respectively, down 2.8% and 5.3% YoY.]

Published: Jul 13, 2026 16:50
According to CAAM analysis, in June 2026, the passenger vehicle market continued to exhibit structural differentiation, with domestic demand remaining under pressure, exports growing rapidly, internal combustion engine vehicles declining notably due to factors such as high and fluctuating oil prices, and new energy vehicles maintaining steady growth while further increasing their market share. In June 2026, passenger vehicle production and sales reached 2.373 million and 2.402 million units, up 5.9% and 6.6% MoM, but down 2.8% and 5.3% YoY, respectively. From January to June 2026, passenger vehicle production and sales reached 12.721 million and 12.72 million units, down 5.9% and 6% YoY, respectively.

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According to CAAM analysis, in June 2026, the passenger vehicle market - Shanghai Metals Market (SMM)