Thursday, January 20, 2011

China anti-trafficking? The Case of the fear

Do not let these cars. This seems to be the appeal of Chinese manufacturers with the news from Beijing, where the municipal administration is struggling for months against the sudden increase in vehicles plying in the city, limiting sales. The scenario is rather bleak: according to an analysis of a Swiss bank, car registrations in the shadow of the Great Wall could fall by 17% in 2011.

This percentage is stated, could be achieved if other cities follow the example of the Chinese capital and will aim to limit new registrations. Suffice it to say that the mayor of the city where the 2008 Olympic Games wants to limit to 240,000 vehicles sold during the next 12 months, compared to 800,000 registered in 2010.

The point is that across the country there are 24 large cities that have accounted for 34% of total sales and probably are preparing to restrict sales. Also according to the analysis in question, the most affected by this limitation will be just the national houses that sell for less expensive models that would suffer first sales decline: the foreign brands, in fact, are more expensive and cater to a clientele wealthy who do not stop at new taxes or lotteries pay organized to decide who has the right to purchase a vehicle.

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