Articles Tagged with "passenger vehicle "
China's passenger vehicle market posts YoY drop in Jan. 2025 retail sales, wholesales, but exports still up
In January 2025, China's passenger vehicle (PV) retail sales totaled 1.794 million units, marking a 12.1% year-on-year decline and a 31.9% month-on-month drop, according to data from the China Passenger Car Association ("CPCA").
Feb. 11 , 2025
Beijing announces 2025 passenger vehicle quota with expanded new energy vehicle allocations
On January 26, Beijing city's authority unveiled its 2025 passenger vehicle quota allocation and configuration ratios.
Feb. 6 , 2025
New energy vehicles projected to take up 51.9% of China’s passenger vehicle retail sales in Dec. 2024: CPCA
Of those, new energy vehicle (NEV) sales are expected to account for around 1.4 million units in December, representing a penetration rate of 51.9%.
Dec. 19 , 2024
China’s passenger vehicle retail sales, wholesales grow both YoY, MoM in Sept. 2024
In Sept. 2024, China's domestic passenger vehicle (PV) market retailed 2.109 million units, marking a year-over-year increase of 4.5% and a month-over-month growth of 10.6%, according to data from the China Passenger Car Association ("CPCA").
Oct. 12 , 2024