China Passenger Car Association: MADE Industry Research Price/Discount Index Trend Report in June 2023

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. 2023 MADE Industry Research·Overall Price Change Index—June

• MADE·In June, the overall market price change index was 2.37, and the average market transaction price was 178,800

1. The overall average transaction price in the market this month increased by RMB 4,000 compared with last month, a month-on-month increase of 2.3%.
2. The overall average transaction price of the national passenger car market rebounded this month after declining for two consecutive months.

2. 2023 MADE Industry Research·Overall Discount Change Index—June

• MADE's overall market discount change index in June was 5.02, and the market discount range was 21,600.

1. The overall discount in the market this month decreased by 1,700 yuan compared with last month, a month-on-month decrease of 7.1.
2. In June, the overall discounts in the passenger car market continued to decline, among which the overall discount range in the SUV market dropped more significantly this month.

3. 2023 MADE Industry Research·Body Type Index—June

Passenger car market

• MADE's car market price change index in June was -0.87, and the average market transaction price was 158,500.

1. The overall average transaction price of the sedan market this month increased by RMB 3,300 compared with last month, a month-on-month increase of 2.1%.
2. This month, the overall average transaction price trend of the sedan market turned upward. Among the market segments, the average prices of the mid-to-high-end markets of Class B and Class C increased by 3.5% and 3.4% month-on-month respectively, the A00 class increased slightly by 0.5%, while the A0 and A classes decreased by 1.4% and 0.4% respectively.

• MADE's June car market discount change index was 6.49, with a market discount range of 24,200.

1. The overall discount in the sedan market this month decreased by 500 yuan compared with last month, a month-on-month decrease of 1.8%.
2. In the past two months, the overall terminal discounts in the sedan market have maintained a relatively stable trend, with the discount ranges in various market segments increasing and decreasing. Among them, the A00 and A classes increased by 4.6% and 2.3% month-on-month, while the A0, B and C classes decreased by 17.3%, 4.9% and 6.0% respectively.

SUV Market

• MADE·SUV market price change index in June was 2.90, and the average market transaction price was 191,300.

1. The overall average transaction price of the SUV market this month increased by 4,300 yuan compared with last month, a month-on-month increase of 2.3%.
2. This month, the average prices of all segments of the SUV market increased, driving the SUV market to rebound after two consecutive months of average price declines. Among them, the average prices of A0, A, B and C classes increased by 2.1%, 1.8%, 1.7% and 0.5% month-on-month respectively.

• MADE·The June SUV market discount change index was 3.92, and the market discount range was 20,000.

1. The discount in the SUV market this month decreased by 3,200 yuan compared with last month, a month-on-month decrease of 13.4%.
2. The overall discounts in the SUV market further shrank this month. Except for the A0-class market where the terminal discount increased slightly by 1.9% compared with the previous month, the terminal discounts in other segments all decreased, with the A-class decreasing by 9.3%, the B-class decreasing by 20.0%, and the C-class decreasing by 24.5%.

• MADE·The MPV market price change index in June was 16.01, and the average market transaction price was 263,500.

1. The overall average transaction price of the MPV market this month increased by RMB 4,100 compared with last month, a month-on-month increase of 1.6%.
2. In June, the overall average price of the MPV market rose slightly, among which the sales volume of models priced above 300,000 yuan increased by 2%, and the sales volume of models priced below 100,000 yuan decreased by 3%.

• MADE·The MPV market discount change index in June was 4.01, and the market discount range was 9,900.

1. The overall discount range in the MPV market this month is the same as last month.
2. In the past two months, the overall discounts in the MPV market have remained stable without any significant fluctuations.

New Energy Market Price Change Index

1. 2023 MADE Industry Research·Overall New Energy Market Price Change Index—June

• MADE's overall new energy market price change index in June was 1.79, and the average market transaction price was 185,100.

1. The overall average transaction price in the new energy market this month increased by 7,500 yuan compared with last month, a month-on-month increase of 4.2%.
2. In June, the overall average transaction price of the national new energy passenger vehicle market rebounded. Among the three major body markets, the average price of the MPV market decreased by 2.3% month-on-month, while the sedan and SUV markets increased by 4.3% and 2.1% respectively.

2. 2023 MADE Industry Research·Overall New Energy Market Preference Change Index—June

• MADE's overall new energy market discount change index in June was 1.09, and the market discount range was 9,000.

1. The overall discount in the new energy market this month decreased by 2,000 compared with last month, a month-on-month decrease of 18.5%.
2. After increasing for four consecutive months, the overall discounts in the new energy passenger vehicle market finally showed a significant decline this month. Except for the MPV market where discounts continued to increase by 4.5%, terminal discounts in the sedan and SUV markets decreased by 9.7% and 28.6% respectively.

3. 2023 MADE Industry Research·Body Type Index—June

New energy car market

• MADE's June new energy car market price change index was -6.83, and the average market transaction price was 145,700.

1. The average transaction price of new energy sedans this month increased by 5,900 yuan compared with last month, a month-on-month increase of 4.3%.
2. This month, among the new energy sedan market segments, except for the A00 and B segments, which saw a slight increase of 0.5% and 4.8% in the average terminal transaction price, all other segments saw a decline, with the A0 segment falling by 3.2%, the A segment falling by 4.2%, and the C segment falling by 3.6%.

• MADE's June new energy car market discount change index was 1.89, and the market discount range was 9,700.

1. The overall discount in the new energy car market this month decreased by 1,100 yuan compared with last month, a month-on-month decrease of 9.7%.
2. This month, the overall discounts on new energy cars showed a significant decline, among which only the A00 and A segments saw a slight increase of 4.7% and 1.2% in discounts, while the A0, B and C segments saw a decrease of 15.6%, 24.7% and 31.0% respectively.

• MADE's June new energy SUV market price change index was 2.71, and the average market transaction price was 216,100 yuan.

1. The overall average transaction price of the new energy SUV market this month increased by 4,500 yuan compared with last month, a month-on-month increase of 2.1%.
2. The overall average price of the new energy SUV market also rebounded this month. At the same time, the average prices of various market segments increased to varying degrees compared with last month, with the A0 class rising by 4.7%, the A class rising by 1.3%, the B class rising by 2.4%, and the C class rising by 0.9%.

• MADE·The discount change index of the new energy SUV market in June was 0.43, and the market discount range was 8,400.

1. This month, the discount in the new energy SUV market decreased by 3,400 yuan compared with last month, a month-on-month decrease of 28.6%.
2. After expanding for four consecutive months, the overall discount range in the new energy SUV market has also shown a significant reduction this month. The discounts in the A0, A, B and C markets decreased by 41.7%, 18.9%, 31.0% and 56.4% respectively.

• MADE's June new energy MPV market price change index was 51.18, and the average market transaction price was 395,800.

1. This month, the overall average transaction price of the new energy MPV market fell by 9,200 yuan compared with last month, a month-on-month decrease of 2.3%.
2. This month, the sales share of two high-priced models, BYD D9 DM-i and ZEKR 009, declined simultaneously, causing the overall market average price of new energy MPVs to fall.

• MADE·In June, the market discount change index of new energy MPV was 0.60, and the market discount range was 4,300.

1. This month, the overall discount in the new energy MPV market increased by 100 yuan compared with last month, a month-on-month increase of 4.5%.
2. Although the sales volume share of BYD D9 DM-i has declined significantly this month, due to the relatively small terminal discount, it has not had much impact on the overall discount of the new energy MPV market.