Cui Dongshu, secretary-general of the CPCA, said passenger-car promotions and model downgrading have normalized since 2025 and market order has improved. The restoration of the NEV purchase tax means manufacturers' guide prices now affect consumers' tax liabilities. As dealers and makers reshape pricing, 22 models cut prices in May 2026 and 7 in June — materially fewer than the large-scale cuts in Mar–Jun last year; June's tally was 7 models fewer YoY. Of June's cuts, 4 were internal-combustion

Cui Dongshu, secretary-general of the CPCA, said passenger-car promotions and model downgrading have normalized since 2025 and market order has improved. The restoration of the NEV purchase tax means manufacturers' guide prices now affect consumers' tax liabilities. As dealers and makers reshape pricing, 22 models cut prices in May 2026 and 7 in June — materially fewer than the large-scale cuts in Mar–Jun last year; June's tally was 7 models fewer YoY. Of June's cuts, 4 were internal-combustion models (down 2 YoY) and 1 was a PHEV (down 1 YoY). Cui said pressure on gasoline cars and narrow-definition PHEVs remains high, so price adjustments are understandable.