BEIJING, June 20 (Reuters) - Automobile makers said on Friday they did not expect any major impact on sales in China after Beijing unexpectedly hiked retail fuel prices by up to 18 percent, its sharpest ever one-off rise. "The hike may restrain purchases of automobiles in the short run," said Zhu Linjie, spokesman of Honda Motor Co in China. "But from a long-term perspective, there would not be a huge impact on our total sales." The Japanese car maker sold 410,000 vehicles in China last ...
Premium Content (PAID Subscription Required)
"Car makers see little impact from China's fuel hike" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.