China Passenger vehicle market information released preliminary statistics show that in September 2024, passenger vehicle retail sales reached 2.063 million units, a 2% year-on-year increase, and an 8% month-on-month increase. In terms of the electric vehicles market, retail sales reached 1.12 million units in September, with a 51% year-on-year increase and a 9% month-on-month increase.
In the first three quarters of this year, the cumulative retail sales of passenger vehicles market reached 15.529 million units, a 2% year-on-year increase; the cumulative retail sales of new energy vehicles market reached 7.129 million units, a 37% year-on-year increase.
In terms of manufacturer's wholesale volume, in September, the national passenger vehicle manufacturers wholesale 2.469 million units, a 1% year-on-year increase, and a 15% month-on-month increase; in the first three quarters of this year, the cumulative wholesale reached 18.409 million units, a 3% year-on-year increase. In September, the national passenger vehicle manufacturers' wholesale of new energy vehicles reached 1.227 million units, a 48% year-on-year increase, and a 17% month-on-month increase; in the first three quarters of this year, wholesale reached 7.907 million units, a 34% year-on-year increase.