Back    Zoom +    Zoom -
CPCA: CN PV-NEV Retail Sales Shed 17% YoY, Grow 66% MoM in First 3 Weeks of Mar
Recommend
30
Positive
62
Negative
19
From March 1 to 22, the retail sales of passenger vehicle market in China numbered 920,000 units, representing a YoY decrease of 16% and a MoM increase of 19%, the China Passenger Car Association (CPCA)'s data showed.

During the period, the retail sales of the passenger vehicle new energy vehicle (PV-NEV) market in China were 495,000 units, a YoY decrease of 17% and a MoM increase of 66%, with a retail penetration rate of 53.9%.

Related NewsHSBC Research Axes TP of LI AUTO-W (02015.HK) to HKD67, Expects 1Q to Remain Subdued

AASTOCKS Financial News
Website: www.aastocks.com