China Passenger Vehicle Sales Rise
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electric vehiclesGlobalData
•China car market ticks up in September
84% Informative
Retail sales of passenger vehicles in China rose by 2% year-on-year to 2.06 million units in September 2024 .
This follows five consecutive months of decline, reflecting weak economic growth.
China 's overall GDP growth slowed to 4.7% in the second quarter of 2024 from 5.3% in first quarter .
New energy vehicles (NEVs) jumped by 51% in September , driven by stimulus measures introduced this year .
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