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CPCA: CN PV, NEV Retail Sales Down 27%, 39% MoM in First 19 Days of Jan
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The retail sales of passenger vehicles (PVs) in China for the first 19 days of January aggregated 1.05 million units, down 5% YoY, and down 27% MoM, as data released by the China Passenger Car Association (CPCA) showed. The wholesale of PVs amounted to 1.244 million units, up 25% YoY, and down 17% MoM. During the period, the new energy passenger vehicles (NEV-PVs) market retailed 423,000 vehicles, a YoY increase of 26% and an MoM decrease of 39%. The national passenger car wholesale manufacturers sold 503,000 NEV-PVs, a YoY increase of 57% and an MoM decrease of 35%. AAStocks Financial News |
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