70% Cars Sale Drop teamcar - According to China Press Daily news on 24th september 2006, the sales of car drop by 70% compare to previous year.

The figures is about 30%-40% higher than MAA announced lately. The drop of sale is mainly due to the rise of petrol prices, the rise of interest rate for car loan and excessive production. The association also urge goverment provide more incentives for new and used car dealer to survive.  ¶ 12:18 AM