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China gears up for sales boom
- Source :
- Autocar & Motor. July 5, 1995, Vol. 205 Issue 1, p8, 2 p.
- Publication Year :
- 1995
-
Abstract
- China currently has only 1.3 million private cars, or one for every 900 inhabitants. However, annual new car sales are expected to exceed 2 million within the next nine years, and international car manufacturers are keen to establish a strong position in a potentially very profitable market. The government has imposed a 110% tax on imported cars, hoping in this way to establish a strong domestic car industry.
Details
- ISSN :
- 09555889
- Volume :
- 205
- Issue :
- 1
- Database :
- Gale General OneFile
- Journal :
- Autocar & Motor
- Publication Type :
- Periodical
- Accession number :
- edsgcl.17323926