The latest data shows that China's widely stemmed passenger car market in October was 2.051 million units, an increase of 9.9%year -on -year.
The First Financial reported that data released by the China Federation on Wednesday (November 8) showed that in October, the retail sales in the broader passenger car market were 2.051 million units, an increase of 9.9%year -on -year, and a month -on -month increase of 0.7%.From January to October, the broader passenger car market was retailing 16.956 million units, an increase of 3%year -on -year.
Data also show that in October, the retail sales of the new energy passenger car market were 767,000 units, an increase of 37.5%year -on -year, and an increase of 2.7%month -on -month.From January to October, the new energy passenger car market cumulative retail sales of 5.954 million units, an increase of 34.2%year -on -year.
The Federation of Federation said that there were 22 working days in November, which was consistent with the number of working days in the same period last year.In general, November is the third place in sales during the year, and the sales volume of the end of December and the beginning of the year, and November 2022 is the eighth sales period of sales.big.
The multiplier will be further said that especially favorable the car market is the high level of rational decline in the property market in the past two years, and the stock interest rate has reduced the pressure of the original consumption of house purchases.The fluctuations are large, and car purchase consumption as an optional consumer product has begun to recover rationally. Therefore, the retail trend of the auto market in recent months has always exceeded expectations.
The Federation of Federation predicts that as the auto market has gradually strengthened, the auto market will increase by more than 20%year -on -year in November.
