Tag Archives: inflated

Under market competition pressure, some automakers have resorted to using “zero-mileage used cars” as a tool to create a false sense of prosperity in order to embellish their sales data. From January 2023 to March 2024, Neta prematurely recorded sales of at least 64,719 vehicles. (A Zeekr 001 was displayed at the 2024 Shanghai new energy vehicle exhibition in June. …

Exclusive: China EV brands Zeekr, Neta inflated car sales using insurance scheme  Reuters Zeekr denies ‘zero-kilometre used car’ allegations, says vehicles were unregistered showroom models  CarNewsChina.com Zeekr used insurance scheme to inflate car sales, Reuters reports  TipRanks China’s Zeekr says it did not sell or register zero-mileage used cars  The Mighty 790 KFGO China’s Neta and Zeekr inflated EV sales using pre-sale insurance tactics: …