Arab Today, arab today vehicle sales to grow 10 next year
Last Updated : GMT 04:42:09
Arab Today, arab today
Arab Today, arab today

Vehicle sales to grow 10% next year

Arab Today, arab today

Arab Today, arab today Vehicle sales to grow 10% next year

Shanghai - Arabstoday

China\'s vehicle sales will likely accelerate next year, supported by economic growth and strong demand from first-time buyers, according to the country\'s automakers group. Deliveries may rise 10 per cent in 2012 compared with the less than 5 per cent growth projected for this year, Dong Yang, secretary-general of the China Association of Automobile Manufacturers, told reporters in Shanghai. \"Car ownership in China is still low versus developed economies,\" Dong said. \"Every motorcycle rider has a dream. They always hope they will go to sleep one day and wake up the next morning to find their two wheels have become four.\" Subsidies Vehicle sales have slowed in China this year after the government reinstated a 10 per cent sales tax on small cars and phased out subsidies for trade-ins in rural areas. Demand was also affected by rising borrowing costs, after the People\'s Bank of China raised interest rates five times in the past 12 months and ordered lenders to set aside a record amount as reserves to tackle inflation.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vehicle sales to grow 10 next year Arab Today, arab today vehicle sales to grow 10 next year

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vehicle sales to grow 10 next year Arab Today, arab today vehicle sales to grow 10 next year

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday