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China Used Car Transactions Near New Car Sales as New Vehicle Demand Falls, DSC Holdings Says

PUBT·11/02/2026 09:00:49
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China Used Car Transactions Near New Car Sales as New Vehicle Demand Falls, DSC Holdings Says
  • DSC Holdings released its inaugural China used-car report, showing transactions nearly matched new-car sales in the first half of 2026.
  • Used-car transactions rose 1.5% year over year to 9,710,000 vehicles.
  • New-car sales fell 21.1% to 9,920,000 vehicles, driving the convergence rather than stronger used-car demand.
  • Used-car prices dropped 23.1% from the first half of 2022, versus an 11.2% decline for new cars.
  • Dealer profitability deteriorated across all size tiers, with only 28.7% of dealers selling fewer than 50 vehicles annually remaining profitable.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DSC Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611020400PRIMZONEFULLFEED9867842) on November 02, 2026, and is solely responsible for the information contained therein.