On August 3, 2026, the China Automobile Dealers Association released a new edition of the “China Used Car Managers Index”. According to the current UCMI survey, the used car managers' index for July was 40.1%, down 1.6 percentage points year on year and 3.4 percentage points month on month. This is a clear decline from the previous month. The overall used car market is still in a slump. Judging from the trend of the used car managers' index, the used car managers' index showed seasonal fluctuations of “stabilizing first, then falling” in the first half of 2026, and never broke through the boom and dry line. Squeezing new car prices and weak demand were the core factors in the industry's sluggish boom.
Zhitongcaijing · 2d ago
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On August 3, 2026, the China Automobile Dealers Association released a new edition of the “China Used Car Managers Index”. According to the current UCMI survey, the used car managers' index for July was 40.1%, down 1.6 percentage points year on year and 3.4 percentage points month on month. This is a clear decline from the previous month. The overall used car market is still in a slump. Judging from the trend of the used car managers' index, the used car managers' index showed seasonal fluctuations of “stabilizing first, then falling” in the first half of 2026, and never broke through the boom and dry line. Squeezing new car prices and weak demand were the core factors in the industry's sluggish boom.
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