China Passenger Car Association (CPCA) report - September 2024
Analysis of China's passenger car sales in August and outlook for September
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for August 2024.
Retail
August retail sales volumes of passenger cars totaled 1.905 million units, reflecting a year-over-year (y/y) decrease of 1.0%.
New Energy Vehicles (NEVs)
In August, wholesale volumes of New Energy passenger cars totaled 1.052 million units, up 31.7% y/y.
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