China Automobile Dealers Association: The used car manager index in July was 40.1%, a year-on-year decrease of 1.6 percentage points.

According to Zhitong Finance APP, the China Automobile Circulation Association has released the latest "Used Car Manager Index" (UCMI). The survey shows that in July, the Used Car Manager Index was 40.1%, a decrease of 1.6 percentage points year-on-year and a decrease of 3.4 percentage points month-on-month, indicating a significant decline compared to the previous month. The overall used car market remains in a sluggish zone.