China’s passenger car retail sales in Jul 1- 16 unchanged on year, down 4% on month – industry association
China’s passenger car retail sales in Jul 1- 16 unchanged on year, down 4% on month – industry association

China’s passenger car retail sales in Jul 1- 16 unchanged on year, down 4% on month – industry association

China’s retail sales volume of the passenger vehicles amounted to 686,000 units in the period of July 1 – 16 July, in line with a year earlier and down 4% from the same period in June, according to data released by the China Passenger Car Association (CPCA).

The retail sales volume of new energy vehicles (NEV) over the same period increased by 7% year over year and contracted by 3% month on month to 267,000 units, it said.