CPCA shows an expanded Y-o-Y hike in China’s passenger car sales in June on improved domestic vehicle market
The China Passenger Car Association data released on Thursday, July 9, that country’s new energy passenger car sales surged 25 per cent month-on-month to come in at 83,000 units in June, in the wake of domestic passenger vehicle market’s improvement over the past four months.
However, on a year-on-year basis, new energy passenger car sales shrank 38.8 per cent in June.
Accumulative sales in the first six months of the year totalled 313,000 units, down 44 per cent from the same period last year.
Separately, CPCA data shows that China’s retail sales of passenger cars, including sedans, multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs), amounted to 1.66 million units in June, up approximately 3.3 per cent from 1.64 million units in May. Year-on-year, the sales in June stood down by 5.9 per cent, unlike the Y-o-Y growth in May by about 1.9 per cent.
Total passenger car sales during the first half of the year (January-June) came in at 7.771 million units, down 22.5 per cent from a year ago.
Dutch multinational corp. Hunter Douglas “cease” aluminium production, Rotterdam staffs to lay-off
Next articleHydro’s aiming at making the world’s longest aluminium bridge a reality, a game-changer in aluminium infrastructure sector
Grow with
AL Circle
