China Passenger Car Association (CPCA) report - November 2024
Analysis of China's passenger car sales in October and outlook for November
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for October 2024.
Retail
October retail sales volumes of passenger cars totaled 2.261 million units, reflecting a year-over-year (y/y) increase of 11.3%.
New Energy Vehicles (NEVs)
In October, wholesale volumes of New Energy passenger cars totaled 1.369 million units, up 55.2% y/y.
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