In February, narrow passenger cars returned to the seasonal trend, and retail sales are expected to

Mondo Finance Updated on 2024-02-27

Red Net Moment News, February 26 (Reporter Long Zhen) According to the latest data released by the Passenger Association, affected by the Spring Festival holiday, the sales volume of the narrow passenger car market in February will fall to a low point, with retail sales of about 1.15 million units, down 43.3 percent from the previous month5%, showing a regular seasonal trend.

In addition, in 2024, a new round of price cuts has ushered in a new round of car price cuts, and many companies have announced price cuts.

In terms of weekly trends, the passenger car market grew prominently in the first week of February, and the first week of February was the peak period for returning home to buy cars before the Spring Festival, with an average daily sales volume of 5430,000 units, a significant increase of 47 year-on-year5%, up 05%;Entering the second week, affected by the Spring Festival holiday, the average daily sales of passenger cars fell to 2630,000 units, down 325%, down 550%;The third week ushered in the gradual recovery of the auto market after the holiday, and the average daily sales of passenger cars are expected to be 2880,000 units; In the fourth week, passenger car sales will continue to rebound, and the average daily sales volume is expected to reach 9020,000 units, a year-on-year increase of 705%。

According to comprehensive estimates, the retail market of narrow passenger cars in February was about 1.15 million units, down 43. month-on-month5%, new energy retail sales are expected to be 380,000 units, down 43% month-on-month, and the penetration rate is about 33%, a slight recovery from January.

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