Retail sales of all passenger vehicles in China totaled 1.391 million units in the April 1-27 period, up 10 percent year-on-year but down 10 percent from the same period last month.
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Category: CPCA
Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.
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Dramatic changes in the external environment, especially additional tariffs that exceeded expectations, have taken a toll on consumer sentiment, the CPCA said.
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China NEV retail sales were lower at the beginning of the month compared to the same period last month, partly due to a public holiday.
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Tesla moved up to No. 3 in China's NEV market in March, up from No. 7 in February, as its local deliveries improved.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.
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China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.
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China's NEV retail penetration rate was 53.90 percent in March 1-23, and 47.30 percent year to date.
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