China Passenger Vehicle Market Joint Information Conference released data showing that from June 1st to 16th, the retail sales of passenger vehicles were 634,000, a year-on-year decrease of 13%, a decrease of 14% from the same period last month. Since this year, cumulative retail sales have reached 8.707 million vehicles, a year-on-year increase of 4%.

During the same period, the national passenger vehicle manufacturers wholesale 619,000 vehicles, a year-on-year decrease of 20%, basically the same as the same period last month. Since this year, cumulative wholesale has reached 10.203 million vehicles, a year-on-year increase of 6%.