180天红线”划定！二手车出口告别“野蛮生长

Core Viewpoint - The recent notification from four Chinese government departments aims to regulate the export of second-hand cars, particularly targeting the "zero-kilometer second-hand car" phenomenon, which has seen explosive growth in exports from 4,300 units in 2020 to 436,000 units in 2024, a more than 100-fold increase [3][5][10]. Regulatory Changes - The most significant measure is the "180-day red line," which mandates that vehicles registered for less than 180 days must provide a manufacturer's after-sales service confirmation to obtain an export license starting January 1, 2026 [5][6]. - The notification includes a systematic approach to strengthen the application and issuance of export licenses, requiring accurate information reporting and establishing a dynamic management and exit mechanism for companies [6][8]. Industry Impact - The new regulations are expected to lead to a major reshuffle in the industry, with many small and medium-sized exporters lacking manufacturer support facing survival challenges [10][11]. - The notification aligns with industry expectations and provides a transition period of about one and a half months for companies to adapt [10]. Market Dynamics - The policy encourages the establishment of a stable after-sales service system and the development of a one-stop service market for second-hand car exports, which includes inspection, maintenance, customs clearance, and logistics [8][11]. - The new rules will push the industry towards a focus on quality and service rather than price competition, enhancing the overall market structure and brand perception of Chinese automobiles abroad [11][12]. Long-term Outlook - The transition from "zero-kilometer second-hand cars" to a more regulated market is seen as a necessary step for the industry to mature and establish a sustainable competitive environment [10][12]. - The notification is expected to optimize the supply-demand structure in overseas markets, contributing to a better international brand recognition for Chinese automobiles [12].