Cui Dongshu: From January to March, 95,000 cars were imported, a decrease of 39% year-on-year.

Wisdom Finance APP learned that Cui Dongshu, Secretary General of the China Passenger Car Association, stated in an article that the import volume of imported cars in China has been decreasing at an average annual rate of about 8% since 2017, from 1.24 million vehicles to only 800,000 vehicles by 2023. In 2024, the number of imported cars will be 700,000, a 12% decrease compared to the previous year. In the first three months of 2025, the import of cars was 95,000, a 39% decrease year-on-year, which is a significant decline in the first three months. Among them, there were 39,000 imported cars in March, a 27% decrease, with a slight improvement in the decline.