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Chinese used car market to undergo major changes as China lifts restrictions on relocation of used cars

The General Office of the Ministry of Commerce of China released the “Guidelines for Promoting Auto Consumption in the Commercial Sector” (hereinafter referred to as “Guidelines”) on February 9 to promote auto consumption in China. Among them, the comprehensive abolition

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China’s auto market sold 25.311 million vehicles in 2020, down 1.9% year-on-year

China Association of Automobile Manufacturers (CAAM) announced on January 13 the production and sales of the car market in 2020, in which data showed that the cumulative production of the Chinese car market for the year 2020 was 25.225 million

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