CPCA: China’s Passenger Vehicle Market Retail Sales Reached 561,000 Units from March 1 to 15, Down 21% YoY
Data released by the CPCA showed that from March 1 to 15, retail sales in China’s passenger vehicle market totaled 561,000 units, down 21% YoY from the same period in March last year and up 2% MoM; cumulative retail sales since the start of the year reached 3.14 million units, down 19% YoY. From March 1 to 15, wholesale sales by passenger vehicle producers nationwide totaled 648,000 units, down 20% YoY from the same period in March last year and up 36% MoM; cumulative wholesale sales since the start of the year reached 4.141 million units, down 12% YoY.