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August 12, 2019

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Passenger car sales

China’s passenger car sales fell 5.3 percent year on year in July, with a total of 1.5 million passenger vehicles sold, according to the China Passenger Car Association. Excluding minivans, passenger car sales declined 5 percent year on year in July and 8.8 percent in the first seven months compared with a year earlier. China’s new energy passenger vehicles soared 53.7 percent year on year to 645,000 units during the January-July period. CPCA saw potential recovery of passenger car sales in August despite signs of a short-term slip, as a slew of new makes is to hit the market.




 

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