Similarly,
China preparing repression against resale:
The Chinese Ministry of Industry plans to prohibit the resale of cars within six months of their first registration. Moreover, as part of an initiative aimed at combating the sale of used “zero kilometer” vehicles, according to a publication of a professional association relayed on Saturday.
In China. Meanwhile, “zero kilometer” used cars appeared due to the fierce competition that reigns over the largest automotive market in the world, shaken by a ruthless and persistent price war, a consequence of chronic overcapacity.
This practice is to ensure a new vehicle even before it is sold. However, allowing manufacturers and their dealers to achieve their sales objectives.
However, it can lead to inconvenience for customers.
Auto Review. a publication managed by the Chinese Automobile Manufacturers Association, reported this project in an editorial published on its WeChat account. She specifies that the Chinese Automobile china preparing repression against resale Dealers Association. another organization of the sector, has proposed the establishment of a code system for the export of used cars.
The editorial adds that Chery. Byd are among the companies providing for their dealers responsible for the offenses, in particular with regard to the registration of vehicles before their effective sale.
If they are applied. these measures would constitute the first political intervention of the Chinese government to put an end to this practice, which has become a national subject after the CEO of Great Wall Motor, Wei Jianjun, denounced it last May.
Since then. several signs have indicated that the Chinese central government is preparing a repression, ranging from an article from a journal of the Communist Party condemning second -hand cars “zero kilometer” last month, to the commitment of the Council of State Affairs on Friday to control “irrational” competition in the national automotive industry.
china preparing china preparing repression against resale repression against resale — China preparing repression against resale: The Chinese Ministry of Industry plans to prohibit the resale of cars within six months of their first registration. as part of an initiative aimed at combating the sale of used “zero kilometer” vehicles, according to a publication of a .
China preparing repression against resale
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