China Passenger Car Association (CPCA) report - November 2023
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 2023.
Retail
October retail sales volumes of passenger cars totaled 2.033 million units, reflecting a year-over-year (y/y) increase of 10.2%.
New Energy Vehicles (NEVs)
In October, wholesale volumes of New Energy passenger cars totaled 883,000 units, up 30.1% y/y.
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