The latest "automobile consumer indices" released by China Automobile Dealers Association indicates that the automobile consumer index for June was 74.5, which decreased monthly. It is expected that automobile sales volume in July will continue to decline monthly.
China Automobile Dealers Association pointed out that the decline in automobile consumer indices may be related to changes in market demand. Although automobile sales performance in June was not satisfactory, the overall market still showed some stability. The performance of the automobile market in the future will be affected by multiple factors such as macroeconomic environment, policy support, and consumer demand.