The China Passenger Car Association (CPCA) reports that as of the end of May 2026, the national passenger vehicle inventory stood at 3.48 million units, a slight decrease from the previous month but an increase compared to May 2025. Manufacturer inventory levels are noted as being relatively high, at 30.3% of the total. Market optimism for June has fallen to 31%, a historically low point, largely attributed to the impact of high oil prices. AI
RANK_REASON This item is a commentary on market conditions and inventory levels, not a direct announcement of a new product, research, or significant industry event.
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