From Rolls-Royces to Delivering Food! China Garage Owner Reveals 30K Used Car Lots Shut in 6 Months
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The used car business has been especially tough over the past two years. Even dealers who rely on online traffic say they can barely cope. Some cannot even cover their rent. One dealer said, “Those of us using Douyin to reach customers in more ways are barely hanging on. Most dealers sticking to the old business model can no longer keep going.” The once-busy used car market is now going through a prolonged downturn.
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