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China's sales of passenger cars top 942,000 units in first half of Dec

Source: Mysteel Dec 20, 2023 18:15

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Total sales of passenger cars across China rose 4% on year and 11% on month to reach 942,000 units over December 1-17, according to the latest data from the China Passenger Car Association (CPCA) released on Wednesday.

"Lately, many regions have been organizing campaigns to boost car consumption (and) various methods, such as holding car exhibitions and distributing coupons, have effectively increased sales volumes," the CPCA pointed out. Meanwhile, "to meet their annual sales targets, car manufacturers have initiated new rounds of price-off promotions, which have significantly

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