More Chinese cities to curb auto sales: industry group
Eight more cities in China, the world’s biggest auto market, are likely to announce policies restricting new vehicle purchases, an official at the automakers association said, as Beijing tries to control air pollution.
Shi Jianhua, deputy secretary general at the China Association of Automobile Manufacturers (CAAM), did not give details on the new measures and there has been no word from the government.
But the industry group warned the planned restrictions could cut vehicle sales by 400,000 units, equivalent to 2 per cent of annual domestic sales last year.
via Business feed http://www.scmp.com/business/companies/article/1280252/more-chinese-cities-curb-auto-sales-industry-group