In Jul, auto sales were down 0.3% year-on-year to 2.58 mln units, declining for the 8th consecutive month (figure 1), with passenger car sales falling 0.9% (table 1). Domestic passenger car sales continued to register double-digit decline, while exports continued to surge. New energy vehicle sales rose 23.7% year-on-year in Jul, with pure electric vehicle sales rising 32.2%, while hybrid vehicle sales climbing 8.4%. New energy vehicle sales accounted for 60.4% of the market share. Meanwhile, the sales of internal combustion engine (ICE) cars contracted for the 10th consecutive month in Jul.

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