Passenger vehicle retail sales in China amounted to 1.213 million units in the October 1-22 period this year, up 19.0 percent year on year, while increasing by 8.0 percent month on month, according to the China Passenger Car Association (CPCA) based on the preliminary statistics.
In the current year up to October 22, passenger vehicle retail sales in China amounted to 16.446 million units, up 3.0 percent year on year.
In the October 1-22 period, new energy passenger vehicle retail sales totaled 472,000 units, up 42.0 percent year on year, while increasing by 4.0 percent month on month.
In the current year up to October 22, new energy passenger vehicle retail sales reached 5.659 million units, up 34.0 percent year on year.
According to the CPCA, consumption of vehicles in China has started to see a reasonable improvement, exerting a positive impact on vehicle sales in October.