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CPCA: CN Retail Sales of Pax Car/ NEV Drop 10% MoM in 1st 4 Wks of Apr
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China's passenger car market recorded a retail sales of 1.391 million units in the first 27 days of April, up 10% YoY and down 10% MoM, according to data released by the China Passenger Car Association (CPCA). Total retail sales amounted to 6.518 million units YTD, up 7% YoY. In the new energy passenger car market, during the period, national new energy passenger car market posted a retail sales of 728,000 units, up 24% YoY and down 10% MoM, with the national new energy market retail penetration rate of 52.3%. AAStocks Financial News |
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