Showing posts with label china car show. Show all posts
Showing posts with label china car show. Show all posts

Monday, February 21, 2011

China Car Market - Sales Rising Despite Restrictions


Everyone involved in China's car market now knows about the restrictions in Beijing regarding the registration of new vehicles. Credit Suisse even went so far as to issue a report predicting a downturn in sales of nearly 16% if other cities followed suit. However once again the doomsayers have been proved wrong and in fact new vehicle registrations in the country have once again broken all records.

Initial statistics on January's total sales seemed to tell a different story, early releases showed sales of 1.15 million cars in the month which