China's Used Vehicle Sales up 60.7 Percent in January

www.chinatrucks.com: BEIJING— China’s used vehicle sales in January grew by 60.7 percent on a yearly basis to 409,800 units, with the transaction value of ￥21.275 billion ($3.42 billion) up 76.04 percent, according to data released by China Automobile Dealers Association (CADA) recently.

 

Among them, the sales of the used trucks were 49,900 units, up 74.44 percent over Jan. 2012 but down 9.57 over Dec. 2012.

 

In January, the used vehicle transaction volume in South-central and Easter China were 115,600 and 111,500 units, ranking No.1 and No. 2 among the six regions of the country.

Guangdong Province, according to CADA’s data, remained the top position by its used vehicle sales of about 63,000 units in the month, followed by Sichuan and Shandong provinces.

 

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