The China passenger vehicle market information joint meeting announced that as of 2024, the average selling price of cars has been on the rise, reaching 0.186 million yuan (RMB).

Due to the promotion of the national scrappage renewal and trade-in subsidy policy, the sales share of entry-level car models has increased. In recent years, the national passenger vehicle market price segment sales structure trend has changed, with the national average price of passenger vehicles dropping from 0.186 million yuan per vehicle in the first half of 2024 to 0.168 million yuan in October, with sales in all price segments showing an increase.