Even Beijing's new-car lottery faces bottle-neck

Newswire

By Fang Yan and Ken Wills BEIJING, Jan 26 (Reuters) - Potential car buyers tried their luck in Beijing's first lottery for new-car registrations on Wednesday, but most were left empty-handed, victims of the city's effors to tackle its ever-worsening traffic congestion. The computerized lottery process, broadcast live on national TV, finished in roughly 20 minutes, with 17,600 winners out of a pool of 187,420 applicants. "I am so disappointed!" said 32-year-old office worker Alan Lin, ...

Premium Content (PAID Subscription Required)

"Even Beijing's new-car lottery faces bottle-neck" 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×