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134 new news items in the last 24 hours
24 June 09:54

Chinese car industry exports new cars as 'second-hand' to artificially boost sales, encouraged by authorities

Delia Niculescu
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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.

Sources

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Stiripesurse
Cum umflă chinezii cifrele din industria auto - Autoturisme second-hand cu ZERO kilometri
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G4Media
Cum umflă China cifrele auto: exporturi masive de maşini second-hand care nu au fost niciodată folosite

ȘTIRI PE ACELEAȘI SUBIECTE

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International
China has become the world leader in car exports, surpassing Japan and having a record of 31.4 million vehicles sold in 2025, of which 41% are electric.
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International
The Chinese platform 'China EV Marketplace' offers European customers the possibility to buy electric and hybrid cars directly from China, with home delivery.
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Economy
China's electric car companies are increasing their foreign investment, outpacing domestic funds for the first time, according to a Rhodium Group report.
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International
Industrial production and retail sales in China grew below expectations in August, raising concerns about the need for economic stimulus.
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Economy
The second-hand market in Romania is growing significantly, with estimated sales of between 500-600 million euros, popularized mainly by young people
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International
The European car market recorded a growth of 5.9% in July, the largest increase in the last 15 months, due to demand for electric and hybrid vehicles.
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China automotive industry new cars Sales

Informat Moldova

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Moldova
2 hours before

The government in Chisinau considers the SVR's statements about a military intervention by the EU to be an hysterical reaction and Russian disinformation.

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