Passenger Car Association: Retail sales of narrowly defined passenger cars in February are expected to be 1.15 million units, and new energy vehicles are expected to be 380,000 units

According to news from this website on February 22, the Passenger Car Association released a narrow data report for February tonight: Unlike last year’s month-on-month increase, there were only 18 working days in February this year, so it is the annual car market sales Lowestpoints. Terminal research shows that the overall market discount rate for passenger cars in early February is about 20.3%. It is initially estimated that the narrow passenger car retail market this month will be about 1.15 million units, a month-on-month decrease of 43.5%; the new energy retail market is expected to be about 380,000 units, a month-on-month decrease of 43.0%. , the penetration rate is about 33%, a slight recovery from January.

As everyone on this site knows, this year’s Spring Festival falls on February 10th. Due to the Spring Festival, the weekly trend in February is quite different from last year. The Passenger Car Association stated that the first week of February was still the golden period for people returning home before the holidays to buy cars, with average daily retail sales of 54,300 vehicles, an increase of 47.5% compared with the same period last year and an increase of 0.5% month-on-month. In the second week, including the Spring Festival, the average daily retail sales were 26,300 units, -32.5% year-on-year and -55.0% month-on-month. The auto market gradually recovered after the holiday in the third week, with average daily retail sales expected to be 28,800, -53.9% year-on-year and -56.2% month-on-month. The market is expected to continue to rebound in the fourth week, with average daily retail sales expected to be 90,200, 70.5% year-on-year and -2.5% month-on-month. According to comprehensive estimates, retail sales in February will reach 1.15 million units.

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