11-07-2013, 04:13 PM
A notable news for those companies rely on China automobile market...
More Chinese cities to curb car ownership
BEIJING — China is planning to extend measures limiting car purchases to more cities to counter worsening pollution and congestion, a move that will undermine car deliveries, the nation’s biggest auto association has said.
Eight cities — Chengdu, Chongqing, Hangzhou, Qingdao, Shenzhen, Shijiazhuang, Tianjin and Wuhan — are likely to see such measures introduced, Mr Shi Jianhua, Deputy Secretary-General of the China Association of Automobile Manufacturers, said in a briefing in Beijing yesterday.
http://www.todayonline.com/chinaindia/ch...-ownership
More Chinese cities to curb car ownership
BEIJING — China is planning to extend measures limiting car purchases to more cities to counter worsening pollution and congestion, a move that will undermine car deliveries, the nation’s biggest auto association has said.
Eight cities — Chengdu, Chongqing, Hangzhou, Qingdao, Shenzhen, Shijiazhuang, Tianjin and Wuhan — are likely to see such measures introduced, Mr Shi Jianhua, Deputy Secretary-General of the China Association of Automobile Manufacturers, said in a briefing in Beijing yesterday.
http://www.todayonline.com/chinaindia/ch...-ownership