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CPCA Expects CN Narrow-sensed Passenger Vehicle Retail Sales to Drop 11.2% MoM in Jul
Recommend 39 Positive 62 Negative 23 |
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Data released by the China Passenger Car Association (CPCA) showed a preliminary estimate of approximately 1.85 million narrow-sensed passenger vehicles sold at retail in July, representing a YoY increase of 7.6% and a MoM decrease of 11.2%. Among these, new energy vehicle retail sales were estimated to reach 1.01 million units, with a penetration rate rising to about 54.6%. AASTOCKS Financial News Website: www.aastocks.com |
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