Business · Economy · 1 day ago

China Passenger Vehicle Retail Sales Fall 24% in September

China Passenger Vehicle Retail Sales Fall 24% in September

China’s passenger vehicle retail sales fell 24% in September compared with the same month a year earlier.

Sales totaled 1.702 million vehicles.

New-energy vehicle sales also declined, falling 12% to 1.141 million.

The figures were released by the China Passenger Car Association.

They show that both the wider passenger vehicle market and its new-energy segment sold fewer vehicles than a year earlier.

The figures do not state what caused the declines or what may happen next.

Sources

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