China Association of Automobile Manufacturers (CAAM) Passenger Vehicle Committee: February Passenger Vehicle Average Price 180,000 Yuan

People’s Financial News, March 15 — Cui Dongshu, Secretary General of the China Passenger Car Association, stated that the average retail price of passenger cars was 165,000 yuan in 2021, rising to an average of 184,000 yuan in 2024. The projected average price for 2025 is 170,000 yuan, a decrease of 14,000 yuan compared to 2024. In February 2026, the average price is expected to be 180,000 yuan, an increase of 15,000 yuan compared to the same period in 2021.

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