Analysis of China’s Passenger Car Market in December 2021

On Tuesday, the China Passenger Car Association (CPCA) released a  report on the country’s passenger car market for the month of December 2021. In the last month of 2021, retail sales of passenger cars reached 2.105 million units, down 7.9% year-on-year while 2.466 million passenger cars were produced, up 7.2% year-on-year.

In December, the production an…