Passenger Association: From March 1st to 15th, national retail sales of passenger cars totaled 561,000, a year-on-year decrease of 21%.
The data released by the China Association of Automobile Manufacturers shows that from March 1st to 15th, the retail sales of passenger vehicles in the country were 561,000 units, a 21% decrease compared to the same period last year, and a 2% increase compared to the previous month. The cumulative retail sales this year have reached 3.14 million units, a 19% decrease compared to the same period last year. From March 1st to 15th, the wholesale sales of passenger vehicles by manufacturers in the country were 648,000 units, a 20% decrease compared to the same period last year, and a 36% increase compared to the previous month. The cumulative wholesale sales this year have reached 4.141 million units, a 12% decrease compared to the same period last year.
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