Development and Reform Commission:

According to the monitoring of 36 large and medium-sized cities throughout the country, the national automobile market prices have been steadily or slightly lower in July, and both domestic and imported automobile prices have declined.

First, domestic car prices have steadily declined. Domestic auto prices in July fell by 0.34% from the previous month, up 1.53% from the same period of last year.

Passenger car prices fell by 0.10% month-on-month and 0.96% year-on-year. Among them, the price of sports passenger cars fell by 1.17% on a month-on-month basis, a year-on-year decrease of 2.84%. The price of basic passenger cars and minibuses rose by 1.01% and 0.26% respectively, representing a year-on-year increase of 1.49% and -1.54% respectively.

Commercial vehicle prices continued to decline slightly, which fell by 0.62% from the previous quarter and rose by 4.57% year-on-year. Among them, the price of commercial buses dropped by 0.45% month-on-month and rose 5.91% year-on-year. Among the subdivided models, the prices of light and large passenger cars decreased by 0.94% and 0.30% respectively on a month-on-month basis, up by 0.09% and 7.88% year-on-year respectively. The price of commercial trucks decreased by 0.86% from the previous month and was up 2.73% year-on-year. Among the subdivided models, the price of medium trucks decreased by 4.01% month-on-month and 2.07% year-on-year; the prices of light and heavy goods vehicles increased by 0.43% and 0.79% respectively, representing a year-on-year increase of -1.14% and 4.18%, respectively.

Second, the price of imported cars continued to decline. In July, the price of imported cars fell for four consecutive months, a decrease of 2.53% from the previous month and a decrease of 2.72% from the same period of last year. Among them, the price of imported SUVs fell by 5.22% month-on-month, which was a decrease of 8.98% year-on-year; the price of imported cars rose by 0.03% month-on-month and rose by 3.66% year-on-year.