China Passenger Car Association (CPCA) report - June 2022
Analysis of China's passenger car sales in May and outlook for June
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for May 2022.
Retail
May retail sales of passenger cars totaled 1.354 million units, reflecting a year-over-year (y/y) decrease of 16.9%.
New Energy Vehicles (NEVs)
In May, wholesale volumes of NEV passenger cars were 421,000 units, up 111.5% y/y.
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