INCHEON, South Korea (Reuters) -From the muddy grounds of a former amusement park on South Korea's coast, tens of thousands of vehicles are being packed for shipment overseas as booming used car ...

China has been shipping new cars as 'used' overseas since 2019 Chinese state media condemned the domestic 'zero mileage' used car market But local Chinese governments actively promote it to meet ...

In 2024 alone, the United States exported $59.2 billion worth of used cars. The United States exported 933,435 used vehicles in 2021, with numbers varying by the year. Many countries export more cars; ...

China's auto industry has inflated car sales for years through a grey market that registers new cars right off the assembly line and then ships them overseas as "used" vehicles. China will strengthen ...

South Korean auto export value hit record levels in August Growth was largely driven by increased demand for used cars Russia, Central Asia and Middle East among the top export markets INCHEON, South ...

BEIJING/SHANGHAI (Reuters) -China's auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the assembly line and then ships ...