Cui Dongshu: In April 2026, the average price of passenger cars was 171,000 yuan, with an increase of 3,000 yuan compared to the same period.

Cui Dongshu, the Secretary General of the China Passenger Car Association, stated in an article that the main factors affecting price changes are structural changes and changes in sales volume. When sales growth is slow, the average price of the car market continues to rise. The average retail price of passenger cars in 2021 was 165,000 yuan, rising to 184,000 yuan by 2024. In 2025, the average price of passenger cars is 170,000 yuan, a decrease of 14,000 yuan from 2024. In April 2026, the average price of passenger cars is 171,000 yuan, an increase of 3,000 yuan compared to the same period. The prices of conventional fuel vehicles have continued to rise, with a significant contraction in the mid to low-end market, while the high-end market has experienced slow contraction. Therefore, the average price has risen from 166,000 yuan in 2021 to 188,000 yuan in 2024. In 2025, with the rapid contraction of high-end fuel vehicles, the average price decreased to 182,000 yuan. In April 2026, the average price is 181,000 yuan, and the purchasing group for fuel vehicles is gradually stabilizing. The average price of new energy vehicles has been gradually decreasing recently, from 184,000 yuan in 2023 to 180,000 yuan in 2024, 160,000 yuan in 2025, showing a significant price decrease. In April 2026, the average price is 165,000 yuan, an increase of 8,000 yuan, reflecting the structural changes in consumer consumption of new energy vehicles.