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CPCA estimates May passenger car retail sales volumes at 1.85 million units
On May 22, the China Passenger Car Association (CPCA) announced that the May 2025 retail sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) and New Energy Vehicles (NEVs) are estimated at 1.85 million units (up 8.5% year-over-year) and 980,000 units, respectively. NEV penetration r....
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