China Considers Six-Month Ban on Resale of Newly Registered Vehicles to Curb Zero-Mileage Sales
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最新报道：China is reportedly considering a one-month ban on the resale of newly registered vehicles to curb mileage fraud in the used car market. The proposed measure aims to prevent dealers from manipulating odometer readings to inflate vehicle prices, a common practice that misleads buyers. Authorities are also exploring stricter penalties for violators, including fines and potential license revocations. The move comes as China's used car market grows rapidly, with sales expected to exceed 25 million units this year. Industry experts warn that mileage tampering undermines consumer trust and could slow market expansion if left unchecked.
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