China’s Auto Industry Uses Fake Sales Numbers to Inflate Vehicle Sales
2 Articles
2 Articles
China’s Auto Industry Uses Fake Sales Numbers to Inflate Vehicle Sales
China automakers are registering new vehicles and then selling them abroad as used vehicles, despite essentially no mileage being added to the vehicle, which allows them to report high sales volumes. Recent investigations show that China’s auto industry has inflated car sales for years (possibly since China first allowed used cars to be exported to other countries in 2019) by registering the new cars right off the assembly lines with Chinese pla…
China’s ‘used’ cars find a back door through Dubai
Up to 400 cars arrive a month Mileage of under 500 km Many are cheaper SUVs Chinese carmakers are quietly offloading excess factory stock by exporting brand-new vehicles to the UAE as ‘used’ cars, bypassing official dealerships and flooding the market through informal channels, new data shows. As many as 150 non-GCC-spec Chinese vehicles with under 500 km of mileage are entering the UAE market each month via online listings, according to British…
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