China Automobile Dealers Association: The used car manager index for April was 42.6%.
According to the Zhixun Finance and Economics APP, on May 7th, the China Automobile Circulation Association released the latest "China Used Car Manager Index" (UCMI). The results of this issue of UCMI show that the used car manager index in April was 42.6%, a decrease of 3 percentage points year-on-year and a decrease of 5.6 percentage points month-on-month. The index has fallen, indicating a downturn. Overall, in early April, affected by the Qingming holiday, customer flow decreased compared to the same period in March, but as spring car exhibitions are set to open in various regions at the end of April, the activity of used car trading is expected to increase.
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