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China Passenger Car Association (CPCA) report - January 2024
Analysis of China's passenger car sales in December and outlook for January
2024/01/11
Table of contents
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China passenger car production and sales volumes in December 2023
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Market analysis and outlook
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Top 10 Chinese Passenger Car Makers by Retail Sales
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for December 2023.
Retail
December retail sales volumes of passenger cars totaled 2.353 million units, reflecting a year-over-year (y/y) increase of 8.5%.
New Energy Vehicles (NEVs)
In December, wholesale volumes of New Energy passenger cars totaled 1.108 million units, up 47.5% y/y.
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