SHANGHAI — Forget about any notion the Chinese government's recent deregulation of vehicle prices will have a big effect on the market here, industry insiders say. Sales of new cars and trucks were said to have slowed in China earlier this year, as consumers awaited positive effects from the central government's decision in May to put an end to vehicle price controls. But lower sticker prices won't be coming, according to GM China Group Chairman and Chief Executive Philip F. Murtaugh, ...
Premium Content (PAID Subscription Required)
"GM China: deregulation won't lower prices" 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: firstname.lastname@example.org or phone: (248) 799-2642