Auto sales curb may spread to more cities
Updated: 2013-07-10 16:42BEIJING - Eight Chinese cities are likely to implement car sales curbs, which would slash sales by 25 percent in those localities, sources with the China Association of Automobile Manufacturing (CAAM) said Wednesday.
The eight cities are Tianjin, Shenzhen, Hangzhou, Chengdu, Shijiazhuang, Chongqing, Qingdao and Wuhan, said Shi Jianhua, deputy secretary general of CAAM.
If went into effect, car sales would dwindle by about 400,000 units.