China Automobile Dealers Association Forecasts: August Passenger Car Sales to Reach 1.94 Million, New Energy Vehicles to Hit 1.1 Million
3 week ago / Read about 0 minute
Author:小编   

According to the latest manufacturer survey data released on August 23, leading automakers in the market have set retail sales targets for this month that indicate a monthly increase of approximately 5% and a slight annual increase. Narrowly defined passenger vehicle retail sales are anticipated to total around 1.94 million units, marking a 6.2% month-over-month rise and a 2.0% year-over-year increase. Notably, sales of new energy vehicles are projected to surpass 1.1 million units, with a penetration rate anticipated to reach a new peak of 56.7%.

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