Automotive Industry: China

  • China Passenger Car Association(PCA) expects deliveries to end customers to have fallen by 1.3% year-over-year to 1.85 million vehicles in August.
  • For 2023, deliveries is expected to grow 5% year-over-year.
  • The reason for the decline in deliveries in August and the prior two months is the end of incentives provided by the People’s Republic.

https://www.automobilwoche.de/agenturmeldungen/branchenverband-pca-erneut-leichtes-minus-bei-pkw-auslieferungen-china-erwartet

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