On Saturday, a report from China claimed the Industry Ministry (MIIT) plans to ban the resale of cars within six months of their initial registration. At about the same time Zeekr came under fire for selling used zero-mileage vehicles, with a state-owned dealership involved in the process. On Monday, it was all water under the bridge, with plans to ban the zero-mileage car resales essentially scrapped.The Chinese auto industry has been rocked by a huge scandal involving rigged sales numbers as carmakers try to inflate their deliveries. Carmakers and car dealers would essentially register and insure new vehicles and then dump them on the used-car market or export them to other countries as used. This way, the carmakers can report higher sales numbers even though the Chinese car market is not doing very well.
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