China Passenger Car Association (CPCA) report - October 2023
Analysis of China's passenger car sales in September and outlook for October
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for September 2023.
Retail
September retail sales volumes of passenger cars totaled 2.018 million units, reflecting a year-over-year (y/y) increase of 5%.
New Energy Vehicles (NEVs)
In September, wholesale volumes of New Energy passenger cars totaled 829,000 units, up 23% y/y.
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