China Passenger Car Association (CPCA) report - December 2022
Analysis of China's passenger car sales in November and outlook for December
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for November 2022.
Retail
November retail sales of passenger cars totaled 1.649 million units, reflecting a year-over-year (y/y) decrease of 9.2%.
New Energy Vehicles (NEVs)
In November, wholesale volumes of NEV passenger cars were 728,000 units, up 70.2% y/y.
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