Auto: Shanghai tops used vehicles market
(Shanghai Daily)
Updated: 2006-07-21 14:53
Shanghai has replaced Beijing as the largest market for used vehicles in the
first five months of this year after new emission standards prompted owners to
sell older cars.
About 89,000 used vehicles were sold between January
and May, up 40.4 percent year on year, said the China Automobile Dealers
Association.
Guangdong Province ranked second, Zhejiang Province third and Beijing
finished fourth. The capital saw a 16.9 percent increase to 79,000 units from
the same period of last year.
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