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China’s used vehicle sales up 8.6 percent in 2013

BEIJING – China’s used vehicle sales in 2013 increased by 8.6 percent year-on-year to over 5.2 million units, with the transaction value of ¥ 291.649 billion ($48.122 billion), according to data released by China Automobile Dealers Association (CADA) recently.

Used vehicle transaction volume in South-central and Easter China were 1.45 million and 1.37 million units, taking the first and second position among the six regions of the country.

Guangdong Province, according to CADA’s data, took the top spot by its used vehicle sales of about 880,000 units in the year, followed by Sichuan Province and Beijing.  

Sales of China’s used vehicles in 2013 (in units)

Type

Sales

% Change (YOY)

Value (¥ billion)

Passenger car

3,049,400

12.37

174.896

SUV

166,800

50.48

26.956

Bus

774,000

-1.33

32.59

Truck

668,200

2.05

27.363

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