Chenglian Branch Cui Dongshu: The market value of international automobile manufacturers changed significantly in June, overall it was extremely brutal.

date
01/07/2026
On July 1st, the Secretary-General of the China Passenger Car Association, Cui Dongshu, expressed in his official WeChat account that the market value of international car manufacturers experienced significant changes in June, with an overall extremely grim situation. Tesla's market value increased by 47% year-on-year but decreased by 4% compared to the previous month. The overall market value of other international car manufacturers in June was at its lowest point since 2025, indicating a sluggish market.