CPCA data: Aug 1-16 China passenger car retail 628,000, down 22% YoY and flat vs
Jul 1-16; YTD retail 10.801 mln, down 20% YoY. Manufacturers' wholesale 583,000,
down 25% YoY and down 1% vs Jul 1-16; YTD wholesale 15.393 mln, down 6% YoY. NEV
retail 399,000, down 15% YoY and up 1% vs Jul 1-16; YTD NEV retail 6.067 mln,
down 13% YoY. NEV wholesale 425,000, down 3% YoY and up 6% vs Jul 1-16; YTD NEV
wholesale 8.673 mln, up 7% YoY. NEV retail penetration 63.6%; NEV wholesale
penetration 72.9%.
