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CN Oct 2nd-hand Car Trading Vol./ Transaction Amt Hike by +2.7%/ -0.8% YoY
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In October 2025, China's second-hand car trading volume was 1.76 million units, down 2% MoM and up 2.7% YoY, according to data released by Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA). The transaction value was RMB111 billion, down 0.8% YoY. Of which, the trading volume of new energy used cars reached 148,000 units, down 7% MoM and up 42% YoY, with a new energy penetration rate of 11.2%. The proportion of used car transfer in October rose to 33.1%, setting a historical high for the same period. AASTOCKS Financial News Website: www.aastocks.com |
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