Despite fears of more government measures to restrict vehicle ownership, analysts are bullish about sales prospects for the industry in 2013.
Analysts and carmakers say the mainland’s car market will see up to 10% growth this year.
While car sales on the mainland jumped 4.3% last year to 19.3 million units, the growth was only about half the industry’s original estimate of between 8 and 10%.
~ SCMP, January 28, 2013 ~