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China’s auto market in the second half of 2011

–  by Huang Chenglin China produced and sold 9,156,000 and 9,325,200 units of vehicles in the first half of this year, up 2.48 and 3.35 percent year-on-year respectively, a large decline compared with the skyrocketing growth in the past two years. Facing the unpredictable China auto market, industry analysts see different

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Beijing’s auto restriction policy prospers vehicle rental market

BEIJING – Beijing’s car rental market boomed during this past Chinese Spring Festival holidays. At the end of 2010, the city issued an auto restriction policy to tackle traffic gridlock. Prospective car buyers now need to submit applications and participate in a lot-drawing to get quotas. Zealous consumers went crazy

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