China Passenger Car Association (CPCA) report - April 2022
Analysis of China's passenger car sales in March and outlook for April
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for March 2022.
Retail
March retail sales of passenger cars totaled 1.579 million units, reflecting a year-over-year (y/y) decrease of 10.5%.
New Energy Vehicles (NEVs)
In March, wholesale volumes of NEV passenger cars were 455,000 units, up 122.4% y/y.
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