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CPCA: CN Pax Car Inventory Hikes to 3.35M Units at End-Mar, Pressure on NEV Inventory Continues to Rise Sharply
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Cui Dongshu, Secretary General of China Passenger Car Association (CPCA), disclosed in an article that, as of the end of March 2025, China's passenger car inventory reached 3.35 million, up 270,000 units MoM and 20,000 units YoY, but down 260,000 units from March 2023. Inventory at the end of March supports future sales days of 55 days. Compared to 62 days in March 2023 and 52 days in March 2024, the overall inventory pressure in March 2025 is not significant, but the new energy inventory pressure continues to increase dramatically. AAStocks Financial News |
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