China Automobile Dealers Association: Auto Consumption Index at 81 in May, Up Slightly WoW
The China Automobile Dealers Association released the latest "Automobile Consumption Index": the Automobile Consumption Index in May 2026 was 81, a slight increase MoM, and the automobile market is expected to maintain a relatively stable operating trend in June. According to the association's analysis, the automobile market in June exhibited a structural divergence pattern characterized by "cooling demand, declining foot traffic, and strengthening transactions." The fading of holiday dividends and the impact of high temperatures led to pullbacks in both new demand and offline foot traffic, and overall market momentum slowed down compared to the concentrated surge in May. However, dealers are expected to ramp up mid-year sales promotions, and the concentrated conversion of previously accumulated intent orders will continue to drive up end-user transactions.