The problems with used cars are also opportunities for the future

In the United States, Japan and other major international automobile markets, the used car market and the new car market have been relatively stable development, vehicle prices generally do not produce drastic fluctuations. But in our country, due to the lack of coordination, systematic and scientific system construction, without sound certification system and perfect service guarantee, leading to a series of problems such as not transparent information and lack of evaluation and certification standards in the used commercial vehicle trade. Although the second-hand commercial vehicle market in Shandong Liangshan, Hebei Yuanshi, Jiangxi Gao 'an and other places has developed quite a large scale, but the circulation channel management body "scattered, small, disorderly" situation is still very prominent.

Fortunately, with the adjustment of the structure of the ommercial vehicle market, the second-hand car trading volume continues to climb, accounting for an increasing proportion of the market, promoting the industry to pay more and more attention to the second-hand car business. Sinotruk takes the lead in establishing a used car certification system, strictly regulating the acquisition, vehicle reconditioning, maintenance, quality inspection, evaluation, sales, finance, parts, service, extended warranty and other processes of used commercial vehicles. Through strict testing standards and effective service capabilities, Sinotruk provides users with integrated solutions for used commercial vehicles.

Volvo not only has its official certification for used cars, but also China's second-hand commercial Vehicle evaluation certificate, which is the only "dual certification" in the Chinese market.

Industry data showed that the transaction volume of used commercial vehicles in China exceeded 3.1 million in 2020 and remained high in 2021, exceeding 2.78 million despite the impact of the epidemic. In 2022, second-hand commercial vehicle trading continues to gain momentum, especially under the situation of slowing growth of new car sales and continuous decline in profits, second-hand car business has become a new profit growth point for vehicle enterprises.

"We must see the gap with developed countries in the second-hand commercial vehicle market and the existing problems, development difficulties, we need to solve the problem is exactly the future opportunity." Zhong Weiping stressed that China's commercial vehicle market, especially the truck market, has come to the real stock era, and actively develop the second-hand car business is undoubtedly the inevitable choice for all Oems and dealers to seek a breakthrough, but also the new direction of innovation and development.