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China plans crackdown on zero-mileage used car sales
- China plans to ban the resale of cars within six months of initial registration to combat zero-mileage used cars.
- Zero-Mileage used cars result from fierce competition in China's auto market, which faces a price war due to overcapacity.
- Auto Review reported the plan in an editorial published on its WeChat account.
- The Chinese government's recent statements indicate a growing stance against zero-mileage cars and 'irrational' competition in the electric vehicle market.
20 Articles
20 Articles
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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.
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