China Automobile Dealers Association: In March, the national used car market saw 1.7918 million transactions, a year-on-year increase of 2.11%.

According to the China Automobile Dealers Association on May 9, in March, the national used car market saw a transaction volume of 1.7918 million vehicles, a month-on-month increase of 37.731 million vehicles and a year-on-year increase of 2.111 million vehicles, with a transaction value of 117.868 billion yuan.

From January to March, the cumulative transaction volume of used cars reached 4.822 million vehicles, an increase of 4.661 million vehicles year-on-year, and an increase of 214,600 vehicles compared with the same period last year. The cumulative transaction amount was 312.882 billion yuan.