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Home / Metal News / China passenger car sales 7.4% lower in 2019

China passenger car sales 7.4% lower in 2019

Jan 9, 2020 16:33

Source:SMM

The quantity of China’s retail sales of passenger vehicles declined for the sixth consecutive month in December

SHANGHAI, Jan 9 (SMM) – The quantity of China’s retail sales of passenger vehicles declined for the sixth consecutive month in December, falling 3.4% year on year to 2.14 million units, according to the latest data from the China Passenger Car Association (CPCA).

This brought domestic passenger vehicles’ retail sales down 7.4% from a year ago in 2019, standing at 20.7 million units.

For November, CPCA data indicated that retail sales of passenger vehicles, including sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China shrank 4.1% year on year to 1.94 million units.

Market commentary

Passenger vehicle

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Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

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SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

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Apr 27, 2020 15:50

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Apr 27, 2020 13:56

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Spot copper premiums fell as a futures rally sidelined consumers

Spot copper premiums rose in Shanghai in a seller's market

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Mar 27, 2020 13:49

SMM Comments

Spot copper premiums rose in Shanghai in a seller's market

CPCA: China’s passenger car sales estimated to recover to 1.03 million units in March, down 41%YoY

The China Passenger Car Association (CPCA) said on Monday that retail sales of sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China are estimated to be 1.03 million units in March, down 41% from the same month of 2019.

Mar 18, 2020 10:49

Analysis

CPCA: China’s passenger car sales estimated to recover to 1.03 million units in March, down 41%YoY

CPCA: China’s passenger car sales dropped 78.5% YoY in February

The China Passenger Car Association (CPCA) said on Monday that retail sales of sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs) in China stood at 252,308 units in February, down 85.3% from a month earlier and 78.5% from a year earlier.

Mar 9, 2020 16:31

Analysis

CPCA: China’s passenger car sales dropped 78.5% YoY in February

China passenger car sales lower in November

Retail sales of sedans, MPVs and SUVs declined 4.1% from a year earlier to 1.94 million units

Dec 9, 2019 16:25

Analysis

China passenger car sales lower in November

China car sales fall in Sep for 3rd straight month: CPCA

Sales declined 6.6% from a year earlier to 1.81 million units

Oct 12, 2019 16:43

Analysis

China car sales fall in Sep for 3rd straight month: CPCA

China’s sales of passenger vehicles decline 9.9% in Aug

Retail sales of sedans, sports utility vehicles and multi-purpose vehicles in China stood at 1.56 million units last month

Sep 9, 2019 17:34

Analysis

China’s sales of passenger vehicles decline 9.9% in Aug

CPCA expects auto sales to shrink 2.2% on-year in Sep

Wholesale volumes of sedans, MPVs and SUVs are likely to stand at 1.98 million units next month

Aug 27, 2019 16:14

Analysis

CPCA expects auto sales to shrink 2.2% on-year in Sep

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China passenger car sales 7.4% lower in 2019

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