The Zhitong Finance App learned that on October 30, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that in August 2026, the national used car market traded 1,516 million units, down 3% from the previous month, down 11% from the previous year, and the transaction amount was 97 billion yuan, down 9% year on year. From January to August 2026, the cumulative volume of used car transactions was 12.79 million units, a year-on-year decrease of 1%, and the transaction volume was 840 billion yuan, an increase of 0.5%.

The Zhitong Finance App learned that on October 30, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that in August 2026, the national used car market traded 1,516 million units, down 3% from the previous month, down 11% from the previous year, and the transaction amount was 97 billion yuan, down 9% year on year. From January to August 2026, the cumulative volume of used car transactions was 12.79 million units, a year-on-year decrease of 1%, and the transaction volume was 840 billion yuan, an increase of 0.5%.