In Q1 2023, China's auto sales reached 6.72M units, up 10.6% YoY, with March sales at 2.69M units, up 9.
China's auto sales increased 10.6% YoY to 6.72M units in Q1 2023, with March sales at 2.69M units, up 9.9% YoY, according to the China Association of Automobile Manufacturers. In March, China's vehicle sales rose 6.0% YoY, with passenger car sales up 53% MoM to 1.687M units, driven by post-Lunar New Year consumer demand. EV market leader BYD sold 301,631 units in March, followed by Tesla.
April 10, 2024
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