China's Used Car Market Sees April 2026 Sales Dip, Year-to-Date Volume Up

Published: May 14, 2026 17:26
According to data released by the China Automobile Dealers Association, in April 2026, the national used car market recorded a transaction volume of 1.6712 million units, down 6.73% MoM and down 1.76% YoY, with a transaction value of 113.476 billion yuan. From January to April 2026, the cumulative used car transaction volume reached 6.4932 million units, up 2.93% YoY, an increase of 184,600 units compared with the same period last year, with a cumulative transaction value of 426.358 billion yuan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Hyundai Motor publicly supports Indonesia’s policy to expand EV incentives for nickel use
2 hours ago
Hyundai Motor publicly supports Indonesia’s policy to expand EV incentives for nickel use
Read More
Hyundai Motor publicly supports Indonesia’s policy to expand EV incentives for nickel use
Hyundai Motor publicly supports Indonesia’s policy to expand EV incentives for nickel use
According to Indonesian state news agency Antara and other local media on May 14, Chief Operating Officer of Hyundai Motor Indonesia (HMID), met with reporters the previous day at an event in Jakarta announcing the winners of the “FIFA World Cup 2026 Test Drive Campaign.” He said, “Since establishing the Karawang battery cell plant, we have had a clear goal of maximizing the use of Indonesia’s nickel resources,” adding that “directly utilizing these resources in industry is a way to contribute to the national economy, and Hyundai Motor fully supports the government’s plan to expand incentives.”
2 hours ago
C&D Inc. Signed Cooperation Memorandum with CATL
3 hours ago
C&D Inc. Signed Cooperation Memorandum with CATL
Read More
C&D Inc. Signed Cooperation Memorandum with CATL
C&D Inc. Signed Cooperation Memorandum with CATL
[C&D Inc. and CATL Signed Strategic Cooperation Memorandum] Xiamen C&D Inc. and CATL signed a strategic cooperation memorandum. The two parties will leverage overseas investment as a bond to conduct in-depth cooperation across the upstream and downstream of the new energy industry.
3 hours ago
BYD Energy Storage Signed Maritime Cooperation Agreement with Corvus Energy AS
3 hours ago
BYD Energy Storage Signed Maritime Cooperation Agreement with Corvus Energy AS
Read More
BYD Energy Storage Signed Maritime Cooperation Agreement with Corvus Energy AS
BYD Energy Storage Signed Maritime Cooperation Agreement with Corvus Energy AS
[BYD Energy Storage and Corvus Energy AS Sign Strategic Cooperation Agreement] BYD Energy Storage and Corvus Energy AS held a strategic cooperation signing ceremony at the CIBF exhibition in Shenzhen. The agreement aimed to fully integrate the resources and technological advantages of both parties to establish a more comprehensive and in-depth strategic partnership in the maritime new energy sector. The two parties will make concerted efforts in technology collaboration, resource sharing, and market expansion to jointly advance the R&D, certification, and large-scale commercialization of high C-rate LFP marine battery systems and bring them to the global market.
3 hours ago