Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues on the way! CTOnews.com June 9 news, the passenger Association today released the May domestic narrow passenger car market retail sales ranking. It shows that retail sales in the domestic narrow passenger car market reached 1.742 million in May, an increase of 28.6% over the same period last year, and 7.3% month-on-month growth. The cumulative sales of passenger cars from January to May reached 7.632 million, an increase of 4.2% over the same period last year.

According to the analysis of the Federation of passengers, the reasons for the year-on-year and month-on-month growth in the passenger car market in May are as follows:

The base was low in the same period last year.

With the clear information of the postponement of the sale of national sixth B inventory, it plays an important role in the stability of market sentiment.

The new product effect after Shanghai Auto Show lays the foundation for the prosperous situation of the retail market.

Rich and colorful promotional activities such as local auto shows and the issuance of consumption vouchers have a better effect on boosting consumer confidence.

Among them, sales of new energy passenger cars in the narrow sense were 580000 in May, up 60.9% from the same period last year and 10.5% from the previous month. Retail sales have totaled 2.421 million so far this year, an increase of 41.1 percent over the same period last year. According to the national passenger car market analysis report released by the Federation of passengers in May 2023, the domestic wholesale penetration rate of new energy vehicles has reached 33.7%, and the retail penetration rate has reached 33.3%, that is, for every three new cars sold, one is a new energy vehicle.

CTOnews.com note: the ranking released by the Federation of passengers has not yet found the ranking of specific model sales.

▲ graph source multiplication association, same as below

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