China Passenger Car Association (CPCA) report - December 2023
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 2023.
Retail
November retail sales volumes of passenger cars totaled 2.080 million units, reflecting a year-over-year (y/y) increase of 26.0%.
New Energy Vehicles (NEVs)
In November, wholesale volumes of New Energy passenger cars totaled 962,000 units, up 31.5% y/y.
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