China's used vehicle sales surge
Publishtime:1970-01-01 08:00:00
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BEIJING - China's second-hand automobile sales posted strong growth in the first seven months of this year, data from the Ministry of Commerce showed.
During the January-July period, second-hand auto sales in China surged by 46 percent year-on-year to over 9.89 million units, the ministry said.
The figure represents an increase of 22.5 percent from the same period in 2019.
In July alone, the sales of second-hand vehicles rose by 15.7 percent year-on-year to nearly 1.46 million units.
Data from the ministry also showed that China's new energy vehicle sales reached nearly 1.48 million units, surpassing the total sales registered last year.