Govt's car reform to boost domestic brands
By Wang Chao | China Daily | Updated: 2014-07-17 07:05
Major reforms concerning the use of government vehicles will bring a mild boost to the sales of cars and help Chinese auto brands in the future to get a bigger share of government car purchases, analysts said.
Analysts estimate that there are more than 2 million government cars in service across the country. Among them, 90 percent are for daily business while others are designated for government officials or State-owned company bosses, or as special-function cars for public security purposes.
The cancellation of government cars means most civil servants will lose access to free transportation, and possibly be driven to rent or buy their own cars, experts said.
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