Picture of ZEEKR Intelligent Technology Holding logo

ZK — ZEEKR Intelligent Technology Holding News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapNeutral

China's Zeekr says it did not sell or register zero-mileage used cars

BEIJING, July 20 (Reuters) - Chinese automotive firm Zeekr ZK.N said in a statement on Sunday that used cars described in media reports as having zero mileage were exhibition cars that were insured, but it did not sell or register them.

The company has set up a team to investigate and make improvements, Zeekr said, adding that it opposed the sale of zero-mileage used cars.

On Saturday, Reuters and state-backed China Securities Journal newspaper had reported that Zeekr had insured cars before selling them to buyers, inflating sales.

 (Reporting by Colleen Howe; Editing by Clarence Fernandez)

 ((colleen.howe@thomsonreuters.com;))

Recent news on ZEEKR Intelligent Technology Holding

See all news