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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642