China: CATRC says auto sales may decline by 10% in 2011

According to the China Automotive Technology & Research Center (CATRC), automotive sales in China may drop by 10% in 2011, following the end of the stimulus policies introduced by the government, compounded by restrictions on car licences. China Association of Automobile Manufacturers (CAAM) figures reveal that total automotive sales in the Subscribe to Automotive World … Continued

• By Webmaster
• May 27, 2011