China Automobile Dealers Association: It is estimated that the total annual retail sales of passenger vehicles in 2025 will reach 23.55 million.

On December 18th, the Industry Coordination and Development Working Committee of the China Automobile Dealers Association stated that the terminal consumption market in December is expected to show a mild rebound, but it is difficult to form a significant "tail-up" trend. Combining the sales volume in November with the growth rate of dealer data in the first half of December, the total terminal sales of passenger cars in December are expected to be around 2.35 million vehicles. The total annual retail sales of passenger cars in 2025 are expected to reach 23.55 million, which is basically unchanged from 2024.