Market Report, "China Autos Report Q4 2012", Published
BMI will not follow the lead of the China Association of Automobile Manufacturers (CAAM), which revised its forecast for passenger car sales in 2012 upward to growth of 11% from the previous projection of 9.5%. If met, this would represent car sales of 16mn units. While there is some upside risk to H212 sales from the potential for new incentives, there is also considerable downside risk if more cities adopt the same restrictions on registrations as the likes of Beijing,...
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