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CN Achieves Another Retail Sales Record of 2.241M PVs in Sep: CPCA
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China's passenger vehicle (PV) market achieved another retail sales record of 2.241 million PVs in September, up 6.3% YoY or 11% MoM, surpassing the previous historical peak of 2.19 million PVs hit in September 2017 by 50,000 PVs, according to data released by the China Passenger Car Association (CPCA). A total of 17.005 million PVs have been retailed YTD, up 9.2% YoY. Specifically, the cumulative retail growth rate in China's car market has risen from 1.2% in 2M25 to 11% in 1H25. The 3Q25 growth rate hovered around 6%, which indicated a deceleration characteristic of a high base, in line with the early-year forecast of an "ascending then stable" pattern. AAStocks Financial News |
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