CPCA: In August, the national used car market transaction volume was 1.5163 million vehicles, down 2.90% month-on-month and down 11.19% year-on-year.

Zhitong Finance APP has learned that the China Passenger Car Association (CPCA) released an in-depth analysis of the national used car market for August 2026. In August 2026, the national used car market recorded a transaction volume of 1.5163 million units, down 2.90% month-on-month and down 11.19% year-on-year, with a transaction value of 96.972 billion yuan. From January to August 2026, cumulative used car transaction volume reached 12.7911 million units, down 1.14% year-on-year, a decrease of 147,300 units compared with the same period last year, with cumulative transaction value of 839.972 billion yuan.