China auto dealer inventory factor falls to 1.56 in Mar

That's down 12.4 percent year-on-year and down 10.3 percent from February, signaling a drop in dealer inventory pressure.

CPCA rankings: Top-selling automakers in China in Mar 2024

This article shares the CPCA's rankings of the best-selling car companies in China for March 2024.

China Mar NEV sales data by CAAM: 883,000

China's BEV sales in March totaled 566,000 units, up 15.5 percent year-on-year and up 92.52 percent from February.

China Mar NEV production data by CPCA: 788,000

China's March production of passenger NEVs increased by 25.2 percent year-on-year to 788,000 units, up 84.9 percent from February.

China Mar NEV retail data by CPCA: 709,000

BEVs sold 428,000 units at retail in March, accounting for 60.4 percent of all NEV retail sales.

Tesla Shanghai plant exports in Mar: 26,666

In the first quarter, Giga Shanghai exported 88,456 vehicles, down 3.74 percent year-on-year.

Tesla sales in China in Mar: 62,398

Tesla sold 70,022 vehicles in China in January-February, up 15.23 percent year-on-year.

Data table: China NEV sales in Mar 1-31

In March, China's passenger NEV retail sales amounted to 698,000 units, up 28 percent from the same period last year and up 80 percent from February.

Tesla's China-made car sales in Mar: 89,064

This is essentially flat from 88,869 in the same month last year and up 47.54 percent from 60,365 in February.

Data table: China EV insurance registrations in Mar 25-31

Weekly insurance registrations for vehicles of Nio, Xpeng, Li Auto, Tesla, Zeekr, Neta, and Leapmotor are included in this article.
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