China Association of Automobile Manufacturers: In May, the production and sales of passenger cars were 2.313 million and 2.352 million respectively, increasing by 2.5% and 5.8% month-on-month.

According to the Wise Finance and Economics APP, the China Association of Automobile Manufacturers' analysis shows that the policy of replacing old cars with new ones continues to show effectiveness, and domestic demand consumption vitality is accelerating. In addition, factors such as the intensive launch of new products by companies and the enthusiastic promotion activities of car shows in multiple locations have contributed to the sustained good performance of the passenger car market. In May 2025, the production and sales of passenger cars reached 2.313 million and 2.352 million respectively, representing an increase of 2.5% and 5.8% compared to the previous month, and 12.8% and 13.3% compared to the same period last year. From January to May 2025, the production and sales of passenger cars reached 11.08 million and 10.996 million respectively, representing a year-on-year increase of 14.1% and 12.6%.