Used light-vehicle market continues to expand at double-digit clip

Used light-vehicle sales remained robust in September, advancing 10 percent to top 1.25 million. 

Growth was driven by demand for used crossovers, SUVs and minibuses, according to a tally from the China Automobile Dealers Association. 

Used crossover and SUV sales spiked 36 percent to around 183,200 last month while deliveries of second-hand minibuses jumped 20 percent to some 39,000.

Sales of used multi-purpose vehicles rose 10 percent to roughly 91,600 while deliveries of second-hand sedans gained 6.1 percent to 938,400.

After nearly doubling in the first quarter from the coronavirus virus-battered year-earlier period, the Chinese market for used light vehicles has kept growing at a double-digit pace this year.

Through September, the market expanded 39 percent to approach 10.03 million.