Auction of second-hand autos has huge market potential

• Source: Ce.cn
• [13:44 September 23 2009]
• Comments

Although China's second-auto auction industry just stands on the starting point, almost all insiders consider it has a huge potential; Li Bo believes that auction must be the largest industry in the second-hand auto market in future, "The reason why Manheim launched into China is just because of its promising potential." Zhou Hang reckoned that though presently, Beijing Manheim BAI Motor Vehicle Auction Company Limited only has a single auction driveway, they have reserved enough increase space for the future.