The Zhitong Finance App learned that the China Automobile Dealers Association released a new edition of the “China Used Car Managers Index” (UCMI). According to the survey, the used car managers' index in 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.

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