CPCA expects January passenger car retail sales volumes to total 1.75 million units
On January 17, the China Passenger Car Association (CPCA) announced that the January retail sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) and New Energy Vehicles (NEVs) are expected to total 1.75 million units (down 14.6% year-over-year) and 720,000 units, respectively.
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