Used Truck Market in China Top Key Players - Machinio, Made in china, Autoline, Alibaba, Sino truck, Talenet Technology

Used trucks from China have attracted special attention due to their excellent mechanical efficiency and logistical requirements. China, like the EU and US, uses national regulations to control and limit emissions such as NOx or sulfur oxides (SOx) sulfides. China V, the latest national standard, came into force in January of this year. Compared to previous China IV requirements, China V basically aims to limit sulfur levels in fuels to 10 ppm. This is 1/6 of China IV's 50ppm requirement.

USED TRUCK MARKET IN CHINA MARKET DYNAMICS

In the past, automakers and dealers favored taking used cars out of sales because they believed that dealers' focus should be on new cars aimed at higher prices and wealthy consumers. The impetus to bring new cars to market with the right incentives has been the goal of dealers and original equipment manufacturers (OEMs).

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The market is increasing according to the recent government policy. A set of policies, both direct and indirect, have been issued that help create a lucrative market for used cars and trucks. The key macro-political directions propelling the development of the used car and truck market are identified by the government reports and plans for the operation. In the used car market, policy support has already been implemented, and the external environmental support for the used car market is shifting to direct support. The demonstration project for the modernization and reconstruction of the used truck market is most meaningful.

USED TRUCK MARKET IN CHINA MARKET SEGMENTATION

The Used Truck Market In China Market can be segmented into following categories for further analysis.

By Product Re Usage

• Remanufacturing Process
• Scraping
• Rental Services
• Showcasing and Museum Purposes
• Re Buying Purposes

By Truck Type

• Heavy Tonnage Truck
• Medium Tonnage Truck
• Low Tonnage Truck
• Commercial Cargo Truck
• Off Highway Truck
• Mining Operations Truck
• Others

By Product Sales Conveyance

• Online Sale
• TV Marketing
• Social media Marketing Platform
• Online Auction
• Platform based sales – OLX etc.
• Direct Purchase

By Class of Propulsion

• Electric Vehicle
• Hybrid Vehicle
• Fossil Fuel Vehicle
• Specialized Fuel Vehicle
• Gas Based Vehicle

By Age Classification of Usage

• Adults
• Middle Aged
• Elders and Senior Citizens

By Regional Classification

• Inner Mongolia Region
• Guangxi Region
• Chongqing Region
• Sichuan Region
• Guizhou Region
• Yunnan Region
• Tibet Region
• Shaanxi Region
• Gansu Region
• Qinghai Region
• Ningxia Region
• Xinjiang Region

COMPETITIVE LANDSCAPE

Used car buyers are increasingly turning to the Internet as a source of information. Although consumers continue to use local media and word of mouth to investigate used car purchases, they are increasingly turning to the Internet, emphasizing the need for a strong Internet strategy across used car programs. A growing number of dealers are reporting increased sales and broader scope of deals as a result of increased interest in multi-channel communication methods due to web-based operations.

COMPANIES PROFILED

• Machinio
• Made in china
• Autoline
• Alibaba
• Sino truck
• Talenet Technology

Read More Information: https://mobilityforesights.com/product/used-truck-market-in-china/

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This release was published on openPR.