Passenger Vehicle Association: From May 1 to May 25, the national passenger vehicle market sold 1.358 million units, an increase of 16% year-on-year.

According to the Wisdom Financial APP, on May 28th, the China Passenger Car Association released the Car Market Scan (Weekly Analysis), stating that from May 1st to 25th, the national retail sales of passenger cars were 1.358 million units, an increase of 16% from the same period last year in May, and an increase of 9% from the previous month. The cumulative retail sales this year were 8.23 million units, a 9% increase compared to the same period last year. From May 1st to 25th, the national passenger car manufacturers wholesaled 1.389 million units, an increase of 17% compared to the same period last year in May, and a decrease of 1% from the previous month. The cumulative wholesale this year is 9.858 million units, a 12% increase compared to the same period last year.