From July 1st to 6th, the Chinese retail market sold 238,000 passenger vehicles, marking a 1% increase year-on-year but a 6% decline month-on-month. Wholesale sales, on the other hand, totaled 233,000 units, experiencing a robust 39% annual growth and remaining stable on a monthly basis. Since the start of this year, cumulative retail sales of passenger vehicles have reached 11.14 million units, an 11% year-on-year rise, while cumulative wholesale sales have hit 13.512 million units, reflecting a 13% annual increase.