Cui Dongshu: The national car market in April has shown a trend of differentiation, with a trend of strong demand for passenger cars and weak demand for commercial vehicles.

date
13/05/2025
According to the Wisdom Financial and Economic APP, on May 13th, Cui Dongshu wrote that in April, the national automobile market showed a trend of strong passenger vehicles and weak commercial vehicles. By the end of January 2025, the new round of subsidy policies was implemented, and the retail sales of narrow passenger vehicles in February-April exceeded previous expectations. Consumer-oriented passenger car products maintained a good momentum during the Spring Festival, while the commercial vehicle market exhibited structural growth characteristics. Since last year, there has been an increase in the scrapping and replacement of commercial vehicles in April, with a divergence in the trend of commercial vehicles in April this year, with strong growth in the new energy categories of light trucks and microbuses.