On June 10, data from the CPCA branch showed that from June 1 to 7, retail sales of the national passenger car market reached 228,000 units, down 23% YoY and down 11% MoM. Year-to-date cumulative retail sales reached 7.327 million units, down 20% YoY. Of this, retail sales of new energy passenger cars from June 1 to 7 reached 152,000 units, down 14% YoY and up 8% MoM. Year-to-date cumulative retail sales of new energy vehicles reached 3.85 million units, down 15% YoY.
Jun 11, 2026 17:23According to data released by the China Passenger Car Association (CPCA), the overall passenger car market in May showed a certain sales trend: total retail sales reached 1.545 million units, down 20% YoY but up 12% MoM. Breaking it down, the new energy segment also performed notably, with retail sales reaching 974,000 units, down 5% YoY but up 15% MoM.
Jun 6, 2026 15:32According to a report by Yonhap News Agency on June 1, data released by the Korea Automobile Importers and Distributors Association on the same day showed that among newly registered imported cars in South Korea in April, Chinese-made vehicles ranked third, surpassing Japanese-made vehicles for the first time in history. The data showed that among newly registered imported cars in South Korea in April, European-made vehicles ranked first with 16,800 units, followed by US-made (13,600 units), Chinese-made (2,023 units), and Japanese-made (1,974 units). Yonhap News Agency noted that this was the first time Chinese-made vehicles surpassed Japanese-made vehicles in South Korea's imported car market. South Korean media widely regarded this ranking as an important signal of a shifting landscape in South Korea's imported car market. The Korea Economic Daily reported that Chinese automobile brands are rapidly increasing their presence in the South Korean market.
Jun 2, 2026 11:06According to data released by the China Automobile Dealers Association, in April 2026, the national used car market recorded a transaction volume of 1.6712 million units, down 6.73% MoM and down 1.76% YoY, with a transaction value of 113.476 billion yuan. From January to April 2026, the cumulative used car transaction volume reached 6.4932 million units, up 2.93% YoY, an increase of 184,600 units compared with the same period last year, with a cumulative transaction value of 426.358 billion yuan.
May 14, 2026 17:26[Honda Plans to Terminate Auto Sales Business in South Korea by the End of 2026] Honda Motor Company announced that it would terminate new vehicle sales in South Korea by the end of 2026, ending its 23-year presence in the South Korean passenger car market. Lee Ji-hong, Honda's regional CEO for South Korea, stated that the withdrawal was the result of multiple factors, including changes in the market environment, exchange rate pressures, and the company's need to concentrate resources on priority development areas. Despite the termination of new vehicle sales, Honda pledged to continue providing after-sales services, parts supply, and warranty support for at least eight years. Notably, Honda will retain its motorcycle business in South Korea.
Apr 29, 2026 09:16The Industry Coordination and Development Branch of the China Automobile Dealers Association stated as the Beijing International Auto Show in late April gradually gained momentum, multiple heavyweight new models were launched in quick succession to stimulate consumer demand, and the front-loading of car purchase demand ahead of the Labour Day holiday provided a boosting effect, the passenger vehicle market was expected to recover steadily in the second half of April, maintaining a stable and positive operating pace. Taking the above factors into account, end-user sales of passenger vehicles for the full month of April were projected to reach 1.6 million units.
Apr 17, 2026 18:08