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Revised government policies spark surge in used vehicle market

Revised government policies spark surge in used vehicle market
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Most Used Car Dealers in China Are in the Red as Inventories Near All-Time High

Most Used Car Dealers in China Are in the Red as Inventories Near All-Time High
yicaiglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yicaiglobal.com Daily Mail and Mail on Sunday newspapers.

China to build international platform for Chinese car manufacturers

China will build a high-level international platform featuring openness and exchange for the automobile industry to help Chinese car manufacturers go global and contribute more to the country's vehicle export, analysts said at China Auto Import and Export Forum.

China s used car market grows as values and demand rise

China's used car market has been growing steadily and is expected to reach 16 million units in 2021. A chip shortage reducing the flow of new vehicles off production lines has added value to the used car market.

China s domestic car market accelerating recovery

China s domestic car market accelerating recovery chinadaily.com.cn | Updated: 2021-03-04 15:24 Share CLOSE People visit the 18th Guangzhou International Automobile Exhibition at the China Import and Export Fair Complex in Guangzhou, South China s Guangdong province, Nov 29, 2020. [Photo/Xinhua] The domestic car market is accelerating its recovery, with vehicle inventory falling nearly 30 percent last month, National Business Daily reported. According to the China Automobile Dealers Association, the auto dealer vehicle inventory alert index stood at 52.2 percent in February, down 29 percent year-on-year and 7.9 percent from the previous month. The index reflects inventory pressure for automobile dealers. It typically is lower than 50 percent when the market is healthy. It is composed of inventory, market demand, dealership finances and surveys of dealers purchases, sales and stocks.

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