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China Association of Automobile Manufacturers: January National Used Car Market Transaction Volume Increased by 18.33% Year-on-Year
Data released by the China Automobile Circulation Association shows that in January 2025, the national used car market transaction volume was 1.7292 million units, a decrease of 7.59% month-on-month but an increase of 18.33% year-on-year, with transaction value reaching 110.612 billion yuan. In January, the used car market exhibited significant differences in vehicle type structure, with both passenger and commercial vehicle markets performing better than the same period last year. Basic passenger car transaction volumes steadily increased, SUV sales rose simultaneously, and MPV market demand continued to heat up, with crossover vehicles becoming more active and showing stable year-on-year growth. The commercial vehicle market overall performed better than the same period last year, with both bus and truck transaction volumes achieving positive year-on-year growth. Market activity continued to strengthen, and the development trend remains positive. (China Automobile Circulation Association)