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Photo taken on Jan 23, 2015 shows a impound lot located at Beijing's south fourth ring road. The red billboard reads "Contracted auction house for vehicles which were formerly owned by the central government and various sub organs". Cars in the lot will be auctioned off, Jan 25 in Beijing. [Photo/people.com.cn] |
The first batch of 304 premium sedans formerly owned by the central government and various sub organs is to be auctioned off this Sunday, Jan 25 in Beijing.
The second and third auctions are scheduled for Jan 26 and Feb 1 respectively at different auction houses.
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