China Passenger Car Association (CPCA) report - May 2023
Analysis of China's passenger car sales in April and outlook for May
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for April 2023.
Retail
April retail sales volumes of passenger cars totaled 1.63 million units, reflecting a year-over-year (y/y) increase of 55.5%.
New Energy Vehicles (NEVs)
In April, wholesale volumes of new energy passenger cars totaled 607,000 units, up 115.6% y/y.
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