Search This Blog

Tuesday, May 27, 2025

China Summons Top Carmakers Over ‘Zero-Mileage’ Used Vehicles

 


China’s Ministry of Commerce is meeting with some of the country’s biggest automakers to discuss whether the industry is using a loophole to mask weakening sales.

The meeting, which was set to take place Tuesday afternoon, also included industry bodies such as the China Automobile Dealers Association and online car distribution channels, according to a memo shared by Li Yanwei, an official at the dealers’ association, on Weibo.

https://www.bloomberg.com/news/articles/2025-05-27/china-summons-top-carmakers-over-zero-mileage-used-vehicles

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.