China Passenger Car Association (CPCA) report - May 2024
Analysis of China's passenger car sales in April and outlook for May
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for April 2024.
Retail
April retail sales volumes of passenger cars totaled 1.532 million units, reflecting a year-over-year (y/y) decline of 5.7%.
New Energy Vehicles (NEVs)
In April, wholesale volumes of New Energy passenger cars totaled 785,000 units, up 30.0% y/y.
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