According to the China Passenger Car Association, from June 1 to 23, the retail sales of passenger vehicles reached 1.087 million units, a year-on-year decrease of 12%. It increased by 2% compared to the same period last month. Since the beginning of the year, cumulative retail sales reached 9.16 million units, a year-on-year increase of 3%. From June 1st to 23rd, the wholesale volume of passenger vehicles by manufacturers nationwide was 1.169 million units, a year-on-year decrease of 9%, an increase of 11% compared to the same period last month. The total wholesale volume for the year so far is 10.753 million units, a year-on-year increase of 6%. The retail sales of new energy vehicles in the market reached 534,000 units from June 1st to 23rd, a year-on-year increase of 19%, and an increase of 7% compared to the same period last month. Since the beginning of the year, cumulative retail sales reached 3.789 million units, a year-on-year increase of 32%. From June 1st to 23rd, the wholesale volume of new energy vehicles by passenger vehicle manufacturers nationwide was 579,000 units, a year-on-year increase of 23%, an increase of 9% compared to the same period last month. The total wholesale volume for the year so far is 4.217 million units, a year-on-year increase of 30%.