China Passenger Car Retail Sales Fell 23.2% Year Over Year to 1.602 Million in June

China’s passenger car market recorded retail sales of 1.602 million units in June, down 23.2% year over year and up 6.1% month over month. According to Jin10, data from the China Passenger Car Association (CPCA) showed cumulative retail sales of 8.701 million units so far this year, down 20.2% year over year. The CPCA said China’s domestic passenger car market in June 2026 showed a trend of “overall volume under pressure, stronger month-over-month performance, and extreme structural divergence,” describing it as a trend-like recovery. In June, retail sales of fuel vehicles fell 39% year over year. Within that category, pure fuel vehicles declined 42%, while conventional hybrid vehicles fell 7%. Also within fuel vehicles, domestic brands, mainstream joint-venture brands, and luxury brands each posted a 39% year-over-year decline. The CPCA said all were hit similarly by the sharp impact of high oil prices. Retail sales of new energy vehicles fell 9% year over year in June. Domestic brands declined 11%, mainstream joint-venture brands rose 45%, and luxury brands fell 11%. The CPCA said domestic retail sales of economy electric vehicles from domestic brands were more heavily affected by a sharp drop in subsidies. The CPCA added that because subsidies for new energy commercial vehicles were strong and there is functional overlap between mid-to-low-end MPVs and small commercial vehicles, mid-to-low-end MPVs saw a relatively large decline.