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China’s passenger vehicle retail sales rise 5% in August
Yahoo Finance· 2025-09-10 16:59
Retail sales of locally-produced passenger vehicles in China, including sedans, MPVs, and SUVs, rose by less than 5% to 1.995 million units in August 2025 from 1.906 million units in the same month last year, according to data compiled by the China Passenger Car Association (CPCA). August was the seventh consecutive month of growth for the domestic passenger vehicle market, as consumers responded to government sales incentives, including an incentivised trade-in programme for old cars, as well as aggressi ...