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All persons involved in the Chinese automotive market is now experiencing restrictions in Beijing on the registration of new vehicles. Credit Suisse has so far published, a report predicting a sales decline of almost 16% if other cities follow the example left. But once again the prophets of doom were proved to be false and in fact, new registrations in the country have again broken all records.
The first statistics on sales in January seemed to tell a different story, early versions had sales of 1.15 million cars of the month show a decline the previous month but was still a significant recovery in January 2010 when these figures show an increase of 17, 9% over the previous year shown. » Read more: China Car Market – Sales Rising Despite Restrictions
