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CPCA Forecast: Domestic Auto Market to Reach 23.4 Million Units in 2025, Marking a 2% Growth
2025-02-11 /
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Author：小编
Based on data provided by the China Passenger Car Association (CPCA) and considering the ongoing trade-in policies across various regions in 2024, the retail sales in the domestic auto market are anticipated to hit 23.4 million units by 2025, representing a 2% year-on-year increase. Notably, within this figure, retail sales of new energy passenger vehicles are expected to soar to 13.3 million units, marking a significant 20% growth and achieving a penetration rate of 57%.
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