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Insider: Auto market to rebound on exit of incentives

07-12-2010 11:46 BJT

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Insiders say the incentive policies for auto purchases may quit by the end of this year. Auto buyers are likely to conclude their deals before that. And if so, the car market can expect a rebound. Here is what Zhao Hang from the China Automotive Technology and Research Center says.

Zhao Hang, Director of China Automotive Technology & Research Center said "By the end of this year, the policies may exit, affecting the auto market. If some of these policies continue while some discontinue, then the auto sales will grow stably. And if all discontinue, sales will rebound in the fourth quarter and make up its loss in the third quater."

Editor:Xiong Qu |Source: CCTV.com

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