Passenger vehicle retail sales in China amounted to 686,000 million units during the July 1-16 period this year, remaining stable year on year, while decreasing by 4.0 percent month on month, according to the China Passenger Car Association (CPCA) based on its preliminary statistics.
In the current year up to July 16, passenger vehicle retail sales in China amounted to 10.21 million units, up 3.0 percent year on year.
In the July 1-16 period, passenger new energy vehicle (NEV) retail sales totaled 267,000 units, up 7.0 percent year on year, while decreasing by 3.0 percent month on month.
In the current year up to July 16, passenger NEV retail sales reached 3.354 million units, up 34.0 percent year on year.