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CPCA: Initial Data Reveals 21% Year-on-Year Decline in China's Passenger Vehicle Retail Sales for June, with 1.651 Million Units Sold
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Author：小编
During the period from June 1 to June 30, the retail sales volume in China's national passenger vehicle market amounted to 1.651 million units. This figure represents a 21% decrease compared to the same period last year, though it does show a 9% increase from the previous month. Accumulatively, for the year up to this point, retail sales have reached 8.75 million units, marking a 20% decline year-on-year. Concurrently, manufacturers' wholesale sales stood at 2.376 million units for the month, experiencing a 4% year-on-year decrease but a 7% month-on-month rise. The cumulative wholesale sales for the year thus far have totaled 12.562 million units, reflecting a 5% decrease from the previous year.
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