Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Gov't Regulation Email this story   Print this story
A crossover Guangzhou Automobile Co. markets under its Trumpchi brand
Two major cities relax limits on new-vehicle sales
Automotive News China | 2019/6/4

Guangzhou and Shenzhen, at the request of the Chinese government, have become China's first two major cities to ease annual limits on new passenger vehicles sold locally to boost weaker industry volumes.

This year and in 2020, Guangzhou will raise its annual new-vehicle sales limit to 160,000 from 100,000, while Shenzhen will increase its annual cap to 120,000 from 80,000, according to information on the cities' websites Sunday. 

The two cities are in South China¡¯s Guangdong province, the largest provincial market for new vehicles in China. Each city has more than 10 million residents. 

More Chinese cities that restrict new-vehicle sales through quota systems are expected to follow suit. 

Beijing, seeking to reverse a downturn in the domestic new-vehicle market, released policy guidelines in January urging cities to ¡°improve¡± measures limiting new-vehicle sales. 

In addition to Guangzhou and Shenzhen, at least 10 other large Chinese cities, including Beijing and Shanghai, have imposed annual quotas in the past decade on vehicle sales to ease local traffic congestion and pollution. 

China¡¯s new-vehicle deliveries contracted in 2018 for the first time in nearly three decades, dropping 4.1 percent to below 23.7 million. 

Through April, new-vehicle deliveries across the country slumped 15 percent from a year earlier to 6.8 million.

Related Stories
  • New-vehicle demand slips 11th straight month
  •     --Published:2019/14/6
  • BMW shift in X3 output gives lift to sales
  •     --Published:2019/13/6
  • China measures to spur vehicle sales fall short of expectations
  •     --Published:2019/7/6
  • China slaps Changan Ford JV with fine for antitrust violations
  •     --Published:2019/5/6
  • SAIC chairman: China auto sales to resume growth in Q4
  •     --Published:2019/28/5
  • Vehicle sales growth expected to stall this year
  •     --Published:2019/28/5
  • GAC, citing trade frictions, postpones U.S. sales launch
  •     --Published:2019/24/5
  • How Beijing's campaign to protect the environment is hurting auto sales
  •     --Published:2019/17/5
  • Light-vehicle sales nosedive 18% in April
  •     --Published:2019/14/5
  • New-car market contraction slows in March
  •     --Published:2019/16/4
  • China's sales slump: Not as scary as it seems
  •     --Published:2019/22/2
  • Light-vehicle sales slump 18% in January
  •     --Published:2019/19/2
  • Kia venture's deliveries advance 48%
  •     --Published:2019/12/2

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     


    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.