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Story summary
- In March 2026, China’s used car market reached 1.79 million transactions, up 37.73% from February, with 117.87 billion yuan in value.
- Q1 sales totaled 4.822 million units, up 4.66% year-on-year.
- MPVs and commercial vehicles led growth and sedan sales dipped.
- All six major regions grew, with the East region up 43.76%.
- Cross-regional trade accelerated, indicating improved market efficiency and a positive Q2 tone.
