Slowing car sales to hit automakers
By Fang Yan and Ken Wills | China Daily | Updated: 2011-02-19 06:41
A visitor examines a General Motors Co Buick Regal model at an auto exhibition in Guangzhou. General Motors saw a 50.3 percent jump in sales of its mid-sized Buick models in January, more than double the annual growth rate in 2010. Qilai Shen / Bloomberg |
The withdrawal of tax perks and more regulation of registrations may prompt a fall in demand
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