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In the past two years, motor vehicle auctions have continued to maintain a rapid growth momentum. According to the Blue Book, in 2014, a total of 12,807 motor vehicle auctions were held nationwide, with a turnover of 7.491 billion yuan. The turnover increased by 25.8% year-on-year, a record high.
The report believes that the rapid growth of the motor vehicle auction business is largely due to the continuous acceleration of the current development of the used car market. At the same time, the report also pointed out that, driven by the central and local government vehicle reform policies, the motor vehicle auction business commissioned by government agencies has grown significantly. The cumulative turnover for the whole year was 2.516 billion yuan, an increase of 1 billion yuan over the previous year. The increase was mainly due to the "car reform."
Last year's second-hand car auction broke through 7 billion yuan mainly due to car reform
A few days ago, the 2014 auction blue book published jointly by the China Auction Industry Association and the Ministry of Commerce’s Department of Circulation Industry Development showed that last year, motor vehicle auctions broke through 7 billion yuan, becoming an emerging growth point in the automobile circulation field.