USEUROPEAFRICAASIA 中文双语Français
Home / World

Talk back: Most people ready for small-engine cars

By Wang Ying | China Daily | Updated: 2007-08-03 07:08

Sky-high gasoline prices are fostering demand for gas-saving small-engine cars.

Cars with an engine capacity of less than 1.6 liters are gaining a greater market share in China. More than 3.8 million sedans were sold in China last year. Roughly 63 percent had engine capacity under 1.6 liters. In 2004 and 2005, small-engine cars took a market share of more than 50 percent.

The oil-thirsty country has levied a car sales tax and raised the rate for large-engine cars. China has become the world's second largest oil consumer after the United States, with the automobile sector accounting for one-third of the country's oil use.

Talk back: Most people ready for small-engine cars

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US