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China Passenger Car Association expects May passenger car retail sales to increase by about 3.3% y/y to 1.66 million units
On May 20, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in May were expected to reach 1.66 million units, with y/y growth of about 3.3%.
According to CPCA, consumption in China sustained a growth trend as the catering and ser....
According to CPCA, consumption in China sustained a growth trend as the catering and ser....
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