Chinese car industry exports new cars as 'second-hand' to artificially boost sales, encouraged by authorities
Delia Niculescu
International
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The practice of registering new cars as 'second-hand' vehicles for export has been adopted by China's car industry to boost sales figures. These so-called 'zero mileage' vehicles are sent to markets such as Russia and the Middle East. This method has been criticized recently but continues to be encouraged by local governments to improve economic statistics. By 2024, it is estimated that 90% of cars exported as 'second-hand' will actually be new.
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