China Passenger Car Association (CPCA) report - July 2023
Analysis of China's passenger car sales in June and outlook for July
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for June 2023.
Retail
June retail sales volumes of passenger cars totaled 1.894 million units, reflecting a year-over-year (y/y) decrease of 2.6%.
New Energy Vehicles (NEVs)
In June, wholesale volumes of new energy passenger cars totaled 761,000 units, up 33.4% y/y.
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