Passenger Car Sales in China Expected to Grow by 2% in 2025

image

Passenger Car Sales in China Expected to Grow by 2% in 2025

Foreks - Despite better-than-expected vehicle sales results in China for 2024, uncertainties overshadow the beginning of 2025. According to Cui Dongshu, Secretary General of the China Passenger Car Association, total retail sales of passenger cars in China may only increase by 2% in 2025, reaching 23.4 million vehicles, following a growth of 5.7% last year.