China Automobile Dealers Association: The national second-hand car market transaction volume in April was 1.6712 million vehicles, a year-on-year decrease of 1.76%.

According to the Zhitong Finance and Economics APP, on May 14, the China Automobile Dealers Association released an analysis of the second-hand car market in April. In April 2026, the national second-hand car market transaction volume was 1.6712 million vehicles, down 6.73% month-on-month and 1.76% year-on-year, with a transaction amount of 113.476 billion yuan. From January to April, the cumulative transaction volume of second-hand cars was 6.4932 million vehicles, an increase of 2.93% year-on-year, an increase of 184,600 vehicles compared to the same period last year, and the cumulative transaction amount was 426.358 billion yuan.