Zero-mileage used car fraud causes China car subsidy pause

At least six Chinese cities have suspended car trade-in subsidies in June due to funding shortfalls and ongoing widespread fraud regarding “zero-mileage used cars”. Cities including Zhengzhou, Luoyang, Shenyang and Chongqing all halted programmes offering up to CN¥20,000 (US$2,800) toward new vehicle purchases.

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Originally posted on: https://www.automotiveworld.com/news/zero-mileage-used-car-fraud-causes-china-car-subsidy-pause/