P&A Providers & Administrators
MenuMENU
SearchSEARCH

China’s Passenger Vehicle Sales Slump in June

Reports a 2.9% year-over-year drop in sales and the first monthly contraction since January.

July 10, 2023
China’s Passenger Vehicle Sales Slump in June

China cites poor economy as reason consumers are putting off vehicle purchases.

Credit:

Brett Sayles, Pexels

1 min to read


 

Sales of passenger vehicles in China took a hit in June, according to data released by the China Passenger Car Association, as poor economic conditions lead to consumer hesitancy toward big-ticket purchases.

According to CPCA data, sales were at 1.91 million units, 2.9% lower than last year. That marks the first monthly contraction since January, though sales in the first half of the year increased by 2.5%, reaching 9.65 million units.

Ad Loading...

New-energy vehicle sales, including battery-electric cars and plug-in hybrids, surged almost 25% in June, representing around 35% of the country's total. That's the fourth consecutive month for NEV sales increases. The first half of the year saw a surge of 37% in NEV sales, reaching 3.09 million units.

However, according to a Reuters calculation based on CPCA figures, Tesla's share of China's pure electric and plug-in hybrid car market declined from 10.5% in the first quarter to 8.8% in the second.

Chinese car manufacturers relied heavily on foreign markets to keep their sales growth afloat, as car exports surged by 56% in June.

 

Originally posted on Auto Dealer Today

More Industry

Orange electric vehicle charging station.
Industry•by Lauren Lawrence•October 20, 2026

Charger Network Growth Slows

Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.

Read More →
Fan of $100 bills atop a white envelope
Industry•by Hannah Mitchell•October 13, 2026

Lenders, Consumers Take on More Auto Loan Risk

September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.

Read More →
Red type R Honda civic parked on road.
Industry•by Lauren Lawrence•October 13, 2026

Next-Gen Hybrids in Sight

Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.

Read More →
Ad Loading...
Dodge ram emblem on orange vehicle exterior
Industry•by Hannah Mitchell•October 6, 2026

Gem State Stores Change Hands

A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.

Read More →
Graphic of model car driving on fake road.
Industry•by Lauren Lawrence•October 6, 2026

Charging In Motion

Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.

Read More →
front grill of a Ford truck with blue Ford emblem
Industry•by Lauren Lawrence•September 30, 2026

Twin Cities Stores Sell

Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.

Read More →
Ad Loading...
Diesel engine on a production line in a factory
Industry•by Hannah Mitchell•September 29, 2026

U.S. Auto Sales Still Below Prepandemic Levels

Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.

Read More →
Front of red tesla car.
Industry•by Lauren Lawrence•September 22, 2026

The Powertrain Shift

Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.

Read More →
White BMW SUV driving on road.
Industry•by Hannah Mitchell•September 15, 2026

Achromatic Autos

The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.

Read More →
Ad Loading...
Line of eclipse SUVs in parking lot.
Industry•by Lauren Lawrence•September 15, 2026

Used-Vehicle Affordability Worsens

Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.

Read More →