Reported 1 day ago
China's commerce ministry is set to meet with automakers like BYD and Dongfeng Motor to address the rising trend of 'zero-mileage' used cars—vehicles sold as secondhand despite never being driven. This phenomenon has emerged amid a prolonged price war in the automotive industry, as vendors attempt to boost new car sales amid aggressive targets. The meeting will also include industry bodies and used car trading platforms.
Source: YAHOO