US EditionChina plans crackdown on zero-mileage used car sales
19 Articles
19 Articles
Life atop China’s car market starting to look shaky for BYD
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon. Discounting is also now being looked sternly upon by Beijing, with China last week pledging to rein in “irrational competition” in the electric ve…
China plans crackdown on zero-mileage used car sales
China's industry ministry is planning to ban the resale of cars within six months of their initial registration as part of efforts to combat sales of so-called zero-mileage used cars, an industry association publication reported on Saturday.
What are zero-mileage used cars & why is China planning to ban their sale?
China zero-mileage used cars: China plans to ban resale of cars within six months of registration to curb the growing sale of zero-mileage used cars, which distort sales data, affect buyers, and allow misuse of subsidies
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