Cui Dongshu: The discount promotion will be significantly reduced in 2025, especially the number of discounted car models in April to July.

date
04/08/2025
The Wise Financial APP learned that Cui Dongshu stated in an article that by 2025, the promotional and downgrading activities in the passenger vehicle industry will return to rationality, and market order will significantly improve. The number of car models with price reductions from January to July in 2020-2022 was around 50, which increased to 113 in 2023 and further to 147 in 2024. There has been an actual decrease in the guiding prices of these models. The scale of new car price reductions this year is relatively moderate at 106 models. The intensity of price reduction promotions in 2025 will be greatly reduced, especially the number of models with price reductions from April to July. In July of this year, there were 17 models with price reductions, which is relatively stable compared to 23 in July of the previous year and 17 in 2023.