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2026-02-18 10:23:38
[National Used Car Market Sees Double-Digit Growth in January] Data released by the China Automobile Dealers Association shows that in January 2026, the national used car market saw 1.7292 million transactions, a year-on-year increase of 18.33%, with a transaction value of 110.612 billion yuan. In January, the used car transfer rate was 35.03%, showing growth both month-on-month and year-on-year; the total number of used cars transferred was 605,800, a 43.3% increase compared to the same period last year. The continued improvement in cross-regional circulation further released the circulation value of used cars. Regarding the vehicle structure of the used car market, both passenger car and commercial vehicle markets performed better than the same period last year in January. Specifically, the transaction volume of basic passenger cars steadily increased; SUV transactions also rose, indicating continued market vitality; and MPV market demand continued its upward trend, becoming an important driver of market growth.
