According to the Passenger Transport Association, 1.04 million vehicles were sold under its own brands in July, down 14% year on year and 6% month on month. The domestic retail share of independent brands in the same month was 71.0%, an increase of 5.4 percentage points over the previous year. Independent brands are generally stable in the new energy market and export market. In July, mainstream joint venture brands retailed 290,000 vehicles, down 35% year on year and 12% month on month. In July, the retail share of German brands was 12.4%, down 2.0 percentage points from the previous year, and the retail share of Japanese brands was 10.9%, down 1.9 percentage points from the previous year. The retail share of American brands in the market was 4.2%, down 1.0 percentage point year on year. Low-volume joint ventures are gradually recovering their vitality. In July, 130,000 luxury cars were retailed, down 27% year on year and 23% month on month. With the reasonable return of the guide price for luxury cars, the retail share of luxury brands was 8.7% in July, down 0.7 percentage points from the previous year.

According to the Passenger Transport Association, 1.04 million vehicles were sold under its own brands in July, down 14% year on year and 6% month on month. The domestic retail share of independent brands in the same month was 71.0%, an increase of 5.4 percentage points over the previous year. Independent brands are generally stable in the new energy market and export market. In July, mainstream joint venture brands retailed 290,000 vehicles, down 35% year on year and 12% month on month. In July, the retail share of German brands was 12.4%, down 2.0 percentage points from the previous year, and the retail share of Japanese brands was 10.9%, down 1.9 percentage points from the previous year. The retail share of American brands in the market was 4.2%, down 1.0 percentage point year on year. Low-volume joint ventures are gradually recovering their vitality. In July, 130,000 luxury cars were retailed, down 27% year on year and 23% month on month. With the reasonable return of the guide price for luxury cars, the retail share of luxury brands was 8.7% in July, down 0.7 percentage points from the previous year.