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China Passenger Car Association (CPCA) report - March 2024
Analysis of China's passenger car sales in February and outlook for March
2024/03/12
Table of contents
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China passenger car production and sales volumes in February 2024
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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 February 2024.
Retail
February retail sales volumes of passenger cars totaled 1.095 million units, reflecting a year-over-year (y/y) decrease of 21.0%.
New Energy Vehicles (NEVs)
In February, wholesale volumes of New Energy passenger cars totaled 447,000 units, down 9.7% y/y.
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