Car makers see little impact from China's fuel hike

Newswire

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 ...

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