Retail: In May 2025, China’s passenger vehicle retail sales reached 1.932 million units, up 13.3% YoY and 10.1% MoM. Cumulative retail sales from January to May totaled 8.811 million units, a 9.1% YoY increase.
As Toyota China engineers now draft the playbook, the auto giant shows how legacy automakers can outmaneuver startups at their own game. The next test? Whether Detroit and Wolfsburg are watching, and learning.
The car refrigerator, once a niche accessory for premium vehicles, is rapidly gaining traction in China, driven by changing consumer behaviors, the rise of outdoor recreation, and the booming NEV market.