China Passenger Vehicle Retail Falls 22.1% Year-over-Year in May to 1.51M Units

According to the China Passenger Car Association, China's passenger vehicle retail sales in May totaled 1.51 million units, down 22.1% year-over-year but up 9.2% month-over-month. Year-to-date retail sales reached 7.099 million units, declining 19.5% compared to the same period in 2025.
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