CPCA data on July 15 show China passenger car retail sales for July 1-12 were
443,000, down 15% YoY and 1% vs the same period last month; NEV retail was
280,000. Year-to-date retail through July 12 totaled 9.144 mln, down 20% YoY.
Manufacturers' wholesale shipments for July 1-12 were 379,000, down 26% YoY and
17% vs the same period last month; YTD wholesales were 12.926 mln, down 6% YoY.
