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Government vehicle reform to impact China’s automobile market

China’s State Council released concrete guidelines on July 16 to terminate official cars, an effective endeavor in cutting huge expenditures on automobiles for government officials. As an important part of China’s campaign of combating corruption and deepening reform, the termination of official cars is expected to have great implications for

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January-February sales likely to decline year-on-year

Due to the week-long national Spring Festival holidays from February 10 through 17, China’s automobile sales in February are expected to decline as drastically as they rose in January. Sales of passenger vehicles (cars, SUVs, MPVs and microvans), which hit 1.47 million in January, up close to 50 percent year-on-year,

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