China's Zeekr says it did not sell or register zero-mileage used cars
1. Zeekr clarifies that reported zero mileage used cars were exhibition models. 2. These vehicles were insured but not sold or registered.
FAQ
Why Neutral?
The clarification mitigates potential concerns but lacks direct market influence. Historically, transparency from companies helps stabilize prices.
How important is it?
The statement addresses potential buyer concerns but is unlikely to affect long-term stock valuations significantly.
Why Short Term?
The immediate clarification may ease concerns but lacks long-term implications seen in major product launches.