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CPCA: CN Retail Sales in Pax Car New Energy Mkt in First 12 Days of Apr Fall 11% YoY
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In the first 12 days of April, China's retail sales in the passenger vehicle market amounted to 377,000 units, down 20% YoY, 12% lower than the same period last month, according to data released by the China Passenger Car Association (CPCA). Total retail sales YTD reached 4.598 million units, down 18% YoY. Over the same period, the nationwide retail sales in the passenger car new energy market amounted to 224,000 units, down 11% YoY, but up 7% from that in the same period last month. The retail penetration rate was 59.5%, while manufacturer new energy wholesale penetration rate was 53.2%. Auto-translated by AI AASTOCKS Financial News |
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