CPCA: CN Retail Sales in Pax Car New Energy Mkt in First 12 Days of Apr Fall 11% YoY
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%.
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AASTOCKS Financial News
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| Stock & Type |
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2.9 X |
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11.9 X |
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27975 |
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0.168 |
2.4 X |
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62667 |
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