CPCA estimates 2025 passenger car retail sales growth at 6% y/y
On August 5, the China Passenger Car Association (CPCA) released an automobile sales forecast for the whole of 2025.
The 2025 passenger car retail sales volume is estimated at 24.35 million units, increasing by 6% from the 2024 actual volume of 22.89 million units.
The 2025 passenger car export volume is estimated at