China Passenger Car Association Said China's Passenger Vehicle Sales Fell 2.9% In June YoY To 1.91M Uints; Sales Rose 2.5% In H1 to 9.65M Units
Portfolio Pulse from Charles Gross
According to the China Passenger Car Association, China's passenger vehicle sales fell 2.9% YoY in June to 1.91 million units. However, sales rose 2.5% in H1 to 9.65 million units.
July 10, 2023 | 8:27 am
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NEGATIVE IMPACT
BYD Co Ltd may be affected by the decrease in China's passenger vehicle sales in June.
As a major player in China's auto industry, BYD Co Ltd's performance is likely to be influenced by the overall market trends. The decrease in sales in June could negatively impact the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Li Auto Inc may be affected by the decrease in China's passenger vehicle sales in June.
Li Auto Inc, being a significant player in China's auto industry, is likely to be influenced by the overall market trends. The decrease in sales in June could negatively impact the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
NIO Inc may be affected by the decrease in China's passenger vehicle sales in June.
NIO Inc, as a major player in China's auto industry, is likely to be influenced by the overall market trends. The decrease in sales in June could negatively impact the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Tesla Inc may be affected by the decrease in China's passenger vehicle sales in June.
Tesla Inc, being a significant player in China's auto industry, is likely to be influenced by the overall market trends. The decrease in sales in June could negatively impact the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
XPeng Inc may be affected by the decrease in China's passenger vehicle sales in June.
XPeng Inc, as a major player in China's auto industry, is likely to be influenced by the overall market trends. The decrease in sales in June could negatively impact the company's revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70