Average daily passenger vehicle retail sales in China down 15% in Oct 25-31

Thursday, 04 November 2021 12:10:59 (GMT+3)   |   Shanghai
       

Average daily passenger vehicle retail sales in China in the fourth week of October (October 25-31) this year declined by 15 percent to 94,000 units year on year, while down eight percent compared to the same period in September of the current year, according to the China Passenger Car Association (CPCA).

In the first, second and third weeks of October, average daily passenger vehicle retail sales in China had amounted to 35,000 units, 46,000 units, 52,000 units, respectively down three percent, 19 percent and 10 percent year on year, while up eight percent, 15 percent and four percent from the same periods in September.

In October, overall vehicle retail sales in China are estimated to have increased by 12 percent year on year. The shortage of electronic chip supplies may increase vehicle prices, resulting in cautious sentiments among consumers.


Similar articles

Sales of passenger vehicles in China total 1.33 million units in Feb, down 37%

13 Mar | Steel News

CAAM: China's auto vehicle sales up 11.1 percent in January-February

12 Mar | Steel News

China Auto Dealer General Inventory Index stands at 1.74 in February

12 Mar | Steel News

Heavy truck sales in China decrease by 31 percent in February

01 Mar | Steel News

China Auto Dealer General Inventory Index stands at 1.38 in January

27 Feb | Steel News

Heavy truck sales in China increase by 99 percent in January

23 Feb | Steel News

CPCA: China’s passenger vehicle retail sales down 14% in Feb 1-17

22 Feb | Steel News

CPCA: China’s passenger vehicle retail sales up 57.4 percent in January

19 Feb | Steel News

CAAM: China's auto vehicle sales down 22.7 percent in January

08 Feb | Steel News

CPCA: 37% drop in China’s estimated passenger NEV wholesale sales in Jan

05 Feb | Steel News