China Passenger Car Association (CPCA) report - February 2024
Analysis of China's passenger car sales in January and outlook for February
2024/02/08
- China passenger car production and sales volumes in January 2024
- Market analysis and outlook
- Top 10 Chinese Passenger Car Makers by Retail Sales
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, and MPVs, excluding minivans) for January 2024.
Retail
January retail sales volumes of passenger cars totaled 2.035 million units, reflecting a year-over-year (y/y) increase of 57.4%.
New Energy Vehicles (NEVs)
In January, wholesale volumes of New Energy passenger cars totaled 682,000 units, up 76.2% y/y.