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Industry

Sales of China’s passenger cars expected to rise 7.2 pct in Feb., CPCA

February 22, 2023


Abstract : Sales of China’s passenger cars in narrow sense are expected to rise 7.2 percent year on year in February, data from the China Passenger Car Association (CPCA) showed.

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A half-finished car is seen at the general assembly workshop of the Changchun production base under the FAW-Volkswagen Automotive Co., Ltd. (FAW-VW) in Changchun, northeast China's Jilin Province, Jan. 5, 2021.

BEIJING, Feb. 22 (Xinhua) -- Sales of China’s passenger cars in narrow sense are expected to rise 7.2 percent year on year in February, according to CPCA.

A total of 1.35 million passenger vehicles are expected to be sold this month, up 4.3 percent from the previous month, data from the China Passenger Car Association (CPCA) showed.

Among them, sales of new-energy vehicles (NEVs) in China are expected to reach 400,000 units in February, surging 46.6 percent from the same period of last year

CPCA noted that China’s automobile sector will be steadily back on track in March as consumer confidence continued to recover and the terminal showrooms began to heat up after the Spring Festival holiday.

Besides, local governments have introduced a string of polices to promote automobile consumption, which provided strong support for the auto market in the first quarter of this year,according to the CPCA.(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

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Keyword: China’s passenger cars

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