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CPCA Expects Overall Car Mkt Sales This Yr to Remain Flat Compared to Last Yr's Domestic Retail Volume
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According to data from the China Passenger Car Association (CPCA), China's retail sales of new energy passenger vehicles (NEV-PVs) reached 1.337 million units last December, a YoY increase of 2.6%, while the cumulative retail sales for last year were 12.809 million units, growing by 17.6%. In December, retail sales of conventional fuel passenger vehicles were 920,000 units, a YoY decrease of 30%. The cumulative retail sales for last year were 10.94 million units, a decrease of 9%. The CPCA expects the passenger vehicle market in 2026 to follow a U-shaped trend, with overall car market sales remaining flat compared to the domestic retail volume in 2025. AAStocks Financial News |
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