China Association of Automobile Manufacturers: Retail sales of passenger cars in the market from June 1 to 16 were 634,000, a year-on-year decrease of 13%

According to the data from China Association of Automobile Manufacturers (CAAM), the retail sales of passenger vehicles from June 1st to 16th were 634,000 units, a decrease of 13% compared to the same period last year and a decrease of 14% compared to the previous month. The cumulative retail sales this year reached 8.707 million units, an increase of 4% compared to the same period last year.

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