Fuel Vehicle Prices Collapse: Some Models Sold at 40% Discount, Market Share Falls Below 40%
In June 2026, China's fuel passenger vehicle retail sales plunged 39% year-on-year, with conventional fuel vehicles' market share dropping to just 37.2%. Some joint venture brands offered discounts exceeding 30%, with certain models selling at 40% off original prices. Meanwhile, new energy vehicle penetration has exceeded 60% for three consecutive months.
248 views2026-07-12
