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Restricting vehicle purchases to reduce pollution could hurt the country’s auto industry Struggling auto dealers in the Beijing market are bracing themselves for more bad news.In the four years after2014,the number of cars available for sale in the Chinese capital will be restricted to150,000 per year,a drop of 90,000 compared to 2013.Beijing announced the policy of restricting car sales in December 2010.Every year only 240,000 vehicles go on sale,making a serious dent in auto makers and dealers’profits.Before the policy was adopted,
Restricting vehicle purchases to reduce pollution could hurt the country’s auto industry Struggling auto dealers in the Beijing market are bracing themselves for more bad news. In the four years after 2014, the number of cars available for sale in the Chinese capital will be restricted to 150,000 per year, a drop of 90,000 compared to 2013.Beijing announced the policy of restricting car sales in December 2010. Every year only 240,000 vehicles go on sale, making a serious dent in auto makers and dealers’ profits. Before the policy was adopted,