China Passenger Car Association (CPCA) report - November 2022
Analysis of China's passenger car sales in October and outlook for November
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for October 2022.
October retail sales of passenger cars totaled 1.84 million units, reflecting a year-over-year (y/y) increase of 7.3%.
New Energy Vehicles (NEVs)
In October, wholesale volumes of NEV passenger cars were 676,000 units, up 85.8% y/y.
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