China Passenger Car Association (CPCA) report - January 2025
Analysis of China's passenger car sales in December and outlook for January
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for December 2024.
Retail
December retail sales volumes of passenger cars totaled 2.635 million units, reflecting a year-over-year (y/y) increase of 12.0%.
New Energy Vehicles (NEVs)
In December, wholesale volumes of New Energy passenger cars totaled 1.512 million units, up 35.6% y/y.
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