An Luqin: MADE Industry Research Price/Discount Index Trend Report in May 2024

The MADE Industry Research Price Index is published by Anluqin. It is a comprehensive index system that reflects the terminal prices and discount changes in the passenger car market.

Overall market price change index

1. 2024 MADE Industry Research·Overall Price Change Index—May

• MADE·The overall market price change index in May was 1.11, and the average market transaction price was 167,200

1. The overall average transaction price in the market this month decreased by RMB 5,052 compared with last month, a month-on-month decrease of 2.93%.
2. This month, the terminal transaction prices in various market segments decreased to varying degrees both in terms of month-on-month growth and decline. Among them, the terminal transaction prices in the sedan, SUV and MPV markets decreased by 4.0%, 1.5% and 3.6% month-on-month, respectively.

2. 2024 MADE Industry Research·Overall Discount Change Index—May

• MADE·The overall market discount change index in May was -0.19, and the market discount range was 27,500

1. The overall discount in the market this month increased by 2,807 yuan compared with last month, an increase of 11.3% month-on-month.
2. This month, the discount range in each market segment has increased to varying degrees, among which the discounts in the sedan, SUV and MPV markets increased by 13.2%, 9.6% and 7.1% month-on-month respectively.

3. 2024 MADE Industry Research·Body Type Index—May

Passenger car market

• MADE·The car market price change index in May was 3.93, and the average market transaction price was 144,700

1. The overall average transaction price of the sedan market this month decreased by RMB 5,973 compared with last month, a month-on-month decrease of 4.0%.
2. This month, the average prices of all segments of the sedan market have fallen to varying degrees; among them, the A00 class fell by 1.0%, the A0 class fell by 1.6%, the A class fell by 4.1%, the B class fell by 3.1%, and the C class fell by 1.5%.

• MADE·The car market discount change index in May was -1.77, and the market discount range was 27,800

1. The overall discount in the sedan market this month increased by 3,256 yuan compared with last month, a month-on-month increase of 13.2%.
2. This month, except for the A0 class, the discounts in other segments of the sedan market have increased to varying degrees compared with last month; among them, the A00 class increased by 0.5%, the A0 class decreased by 24.2%, the A class increased by 13.1%, the B class increased by 16.1%, and the C class increased by 19.9%.

SUV Market

• MADE·In May, the SUV market price change index was -0.04, and the average market transaction price was 180,800

1. The overall average transaction price of the SUV market this month decreased by 2,734 yuan compared with the previous month, a month-on-month decrease of 1.5%.
2. This month, the average transaction prices of the terminal transactions in all segments of the SUV market, except for A0-class SUVs, fell to varying degrees on a month-on-month basis; among them, the A0-class remained unchanged, the A-class fell by 2.9%, the B-class fell by 1.4%, and the C-class fell by 5.9%.

• MADE·In May, the SUV market discount change index was 0.63, and the market discount range was 27,600

1. The discount in the SUV market this month increased by 2,407 yuan compared with last month, a month-on-month increase of 9.6%.
2. This month, except for the A0 class, the discounts in other segments of the SUV market have increased to varying degrees compared with last month; among them, the A0 class decreased by 13.9%, the A class increased by 13.8%, the B class increased by 3.4%, and the C class increased by 19.8%.

• MADE·In May, the MPV market price change index was -0.35, and the average market transaction price was 272,300

1. The overall average transaction price of the MPV market this month decreased by 4,552 yuan compared with last month, a month-on-month decrease of 1.6%.
2. The transaction price of the MPV market fell in May, and the sales share of the MPV market segment above 200,000 yuan fell. The average prices of high-sales models such as Denza D9 DM-i, Buick GL8, Trumpchi M8, Trumpchi M6 PRO, and Odyssey Hybrid fell.

• MADE·In May, the MPV market discount change index was 2.28, and the market discount range was 23,400

1. The overall discount in the MPV market this month increased by 1,554 yuan compared with last month, a month-on-month increase of 7.1%.
2. This month, the terminal discount range in the MPV market continued to show an expanding trend. Except for the BYD D9 DM-i, Senna and Dreamer, the discount range of the top 10 MPVs in sales this month has increased.

• MADE·The overall new energy market price change index in May was -6.99, and the average market transaction price was 165,600

1. The overall average transaction price in the new energy market this month decreased by RMB 2,792, a month-on-month decrease of 1.7%.
2. This month, the terminal transaction prices and month-on-month growth rates of various new energy market segments have fallen to varying degrees; among them, the terminal transaction prices of the sedan, SUV and MPV markets fell by 2.5%, 0.3% and 4.1% month-on-month, respectively.

2. 2024 MADE Industry Research·Overall New Energy Market Preference Change Index—May

• MADE·In May, the overall new energy market discount change index was -2.19, and the market discount range was 11,000

1. The overall discount in the new energy market this month increased by 445 yuan compared with last month, a month-on-month increase of 4.2%.
2. This month, discounts in various new energy market segments have increased to varying degrees month-on-month; among them, discounts in the sedan, SUV and MPV markets increased by 0.1%, 10.8% and 9.1% month-on-month respectively.

3. 2024 MADE Industry Research·Body Type Index—May

New energy car market

• MADE·The price change index of new energy car market in May was 3.38, and the average transaction price was 129,500

1. The average transaction price of new energy sedans this month decreased by 3,358 yuan compared with last month, a month-on-month decrease of 2.5%.
2. This month, except for Class B, the average transaction prices and month-on-month growth rates of other segments of the new energy sedan market have fallen to varying degrees; among them, the average transaction prices of Class A00, Class A0, Class A and Class C decreased by 1.0%, 1.7%, 3.0% and 1.3% month-on-month respectively, while Class B increased by 1.3%.

• MADE·The discount change index of the new energy car market in May was -2.89, and the market discount range was 11,700

1. The overall discount range in the new energy car market this month was basically the same as last month (an increase of 15 yuan, a month-on-month increase of 0.1%).
2. In the new energy car market this month, the discount range of A00 and A segments increased month-on-month, while that of other segments decreased; among them, A00 increased by 0.5%, A0 decreased by 27.1%, A increased by 9.1%, B decreased by 0.5%, and C decreased by 1.0%.

• MADE·The May new energy SUV market price change index is -10.25, and the average market transaction price is 193,800

1. The overall average transaction price of the new energy SUV market this month was basically the same as last month (a decrease of 614 yuan, a month-on-month decrease of 0.3%).
2. The average transaction price of new energy SUV market has dropped slightly this month, among which the terminal price of A0 segment has increased by 4.6%, A segment has decreased by 0.2%, B segment has increased by 0.2%, and C segment has decreased by 8.2%.

• MADE·In May, the discount change index of the new energy SUV market was -2.31, and the market discount range was 10,000

1. This month, the discount in the new energy SUV market increased by 969 yuan compared with last month, a month-on-month increase of 10.8%.
2. This month, discounts in the new energy SUV market increased. The discount range in the A- and B-class market segments decreased slightly month-on-month, while other market segments increased significantly, especially the C-class. Among them, the A0-class increased by 8.8%, the A-class decreased by 3.2%, the B-class decreased by 2.8%, and the C-class increased by 135.4%.

• MADE·The May new energy MPV market price change index was -0.13, and the average market transaction price was 352,600

1. The overall average transaction price of the new energy MPV market this month decreased by 14,966 yuan compared with last month, a month-on-month decrease of 4.1%.
2. The average transaction price of new energy MPVs in the market has dropped this month. Among the TOP10 models with higher sales, except for Dreamer, Ideal MEGA and Zeekr 009, the average prices of other models have dropped to varying degrees.

• MADE·In May, the discount change index of the new energy MPV market was 2.03, and the market discount range was 14,200

1. This month, the overall discount in the new energy MPV market increased by 1,182 yuan compared with last month, a month-on-month increase of 9.1%.
2. This month, the proportion of terminal discount amounts of 5,000 to 10,000 yuan in the new energy MPV market has increased, and the discount range of models with higher sales volumes such as the Trumpchi E9, Arctic Fox Koala, Alpine and Hongqi HQ9 PHEV has increased.