May Passenger Car Sales in China Down 20% YoY, New Energy Segment Up 15% MoM

Published: Jun 6, 2026 15:32
According to data released by the China Passenger Car Association (CPCA), the overall passenger car market in May showed a certain sales trend: total retail sales reached 1.545 million units, down 20% YoY but up 12% MoM. Breaking it down, the new energy segment also performed notably, with retail sales reaching 974,000 units, down 5% YoY but up 15% MoM.

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
Nanning Aluminum Group Sees 50% Growth in Q1 2026, Secures New Energy Partnerships
53 mins ago
Nanning Aluminum Group Sees 50% Growth in Q1 2026, Secures New Energy Partnerships
Read More
Nanning Aluminum Group Sees 50% Growth in Q1 2026, Secures New Energy Partnerships
Nanning Aluminum Group Sees 50% Growth in Q1 2026, Secures New Energy Partnerships
Nanning Industrial Investment Aluminum-Based New Materials Group achieved significant growth in production and sales in Q1 2026, up over 50% YoY, while also securing long-term cooperation with multiple leaders in the new energy field. According to Liang Zhishi, assistant general manager of the group, all orders for Q2 have been scheduled, and the production of battery aluminum foil is expected to further grow by over 20% QoQ.
53 mins ago
Chinese Automakers See NEV Sales Surge in May, Auto Consumption Index Rises Slightly
57 mins ago
Chinese Automakers See NEV Sales Surge in May, Auto Consumption Index Rises Slightly
Read More
Chinese Automakers See NEV Sales Surge in May, Auto Consumption Index Rises Slightly
Chinese Automakers See NEV Sales Surge in May, Auto Consumption Index Rises Slightly
Data released by the CPCA shows that wholesale sales of passenger NEVs by Chinese automakers in May are estimated to reach 1.36 million units, with both YoY and MoM increases exceeding 11%. Meanwhile, information released by the China Automobile Dealers Association indicates that the auto consumption index for May was 81, up slightly MoM, and overall sales in June are expected to maintain a stable uptrend.
57 mins ago
OECD Lowers Global Growth Forecast to 2.8% in 2026, Warns of Slower Pace Due to Middle East Conflict
59 mins ago
OECD Lowers Global Growth Forecast to 2.8% in 2026, Warns of Slower Pace Due to Middle East Conflict
Read More
OECD Lowers Global Growth Forecast to 2.8% in 2026, Warns of Slower Pace Due to Middle East Conflict
OECD Lowers Global Growth Forecast to 2.8% in 2026, Warns of Slower Pace Due to Middle East Conflict
The OECD has released its latest Economic Outlook. The report notes that global growth is projected to reach 2.8% in 2026, but this is 0.1 percentage point lower than the March forecast. It also mentions that if disruption from the Middle East conflict persists through 2027, global growth is expected to slow down significantly, with the 2026 rate at only 2.1% and the 2027 rate as low as 1.8%.
59 mins ago