Used-car market expands 5th straight month

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The Chinese used light vehicle market has expanded for five straight months, with June volume rising 7.9 percent year on year to approach 1.23 million. 

Demand for secondhand sedans drove the growth, according to numbers the China Automobile Dealers Association released this week

During the month, some 907,700 changed hands, an 8.8 percent increase from a year earlier. 

Demand for used crossovers and SUVs gained 7.8 percent to about 195,700, while sales of secondhand…

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