CPCA estimates July passenger car retail sales volume at 1.52 million units
On July 23, the China Passenger Car Association (CPCA) announced that the July 2026 retail sales of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) are estimated at 1.52 million units, down 16.8% year-over-year (y/y). Of the total, New Energy Vehicle (NEV) retail sales are expected to reach arou



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