Chenglun Branch Society's Cui Dongshu: The average price reduction for new cars in January reached 37,000 yuan

On February 8th, Cui Dongshu, Secretary General of the China Passenger Car Association, stated that since 2025, the promotion and downgrade of the national passenger car industry have returned to rationality, and market order has significantly improved. Due to the resumption of tax collection on new energy vehicles, the impact of the guiding price on consumers’ vehicle purchase taxes is reflected. In January 2026, the number of models with price reductions increased by 9 compared to the same period, totaling 17 models. Among them, 10 are fuel vehicles, an increase of 5; 1 plug-in hybrid, an increase of 1; no conventional hybrid models; 6 pure electric models, an increase of 3. In January 2026, the average price of new energy vehicle models with price reductions was 253,000 yuan, with an arithmetic average reduction of 38,000 yuan, representing a high level of a 14.8% reduction. In January 2026, the average price of new fuel vehicle models with reductions was 238,000 yuan, with an arithmetic average reduction of 36,000 yuan, a 15% reduction. Overall, in January 2026, the average price of new car models with reductions in the passenger car market was 248,000 yuan, with an arithmetic average reduction of 37,000 yuan, representing a 14.9% decrease. (Jiemian News)