With a population approaching that of Australia and car sales of 700,000 new cars, or 890,000 new cars (depending on which issue of China Daily you rely more), Beijing used to be one of the most important car markets in the world’s largest car markets, China. As amply documented by TTAC, the car market in Beijing collapsed completely after city fathers ruled that new registrations have to try their luck in a license plate lottery first.
China’ top economic planners at the National Development and Reform Commission NDRC see their economic plans threatened, and are “appealing” to Beijing to change its policy. (Read More…)
Beijing’s draconian license plate limits have a stimulating effect on the creativity of Beijingers. To skirt the new rules, complex schemes are being devised. Beijing’s courts are turned into accessories of the fraud. According to China Daily, the scheme goes like this: (Read More…)
Want to belong to a really exclusive club? Own a car in Beijing. Don’t have one yet? Sorry, try your luck in the license plate lottery. Out-of–towner? Don’t even think of entering downtown during rush-hour. “Vehicles that are not registered in Beijing are prohibited from entering the urban area inside the Fifth Ring Road during the two daily rush hours,” reports China Daily. Even during off-peak hours, Beijing’s capital is full of surprises for outsiders. (Read More…)
So. Yesterday, Jan 1, was the first day of the grand car rationing in Beijing, China. From now on out, only 20,000 new vehicles per month are allowed onto Beijing’s roads. (If you trade old for new, this rule doesn’t apply.) And what did Beijingers do? Take a taxi? The subway? No, they swamped the system. (Read More…)
iMatt - I used to daydream about this technology as a kid. The more you think about it, the more it makes sense. I’d say it’s safe to assume the battery...
bball40dtw - The Verano is not more refined than the ES or the MKZ. Lincoln doesn’t have a compact luxury car, but they probably will eventually. I’m sure it will...
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wmba - Pretty good explanation, but the VTD system in Subarus, of which DCCD is a subset, is the one that uses a planetary center diff...
highdesertcat - Buickman, most likely the same banks bailed out by the US government and now financially coerced to do so by the...
iMatt - I used to daydream about this technology as a kid. The more you think about it, the more it makes sense. I’d say it’s safe to assume the battery...
daviel - Sounds too expensive. The article does not sound like my late Focus SVT. I think I’ll look at the hot hatch Fiesta, if any.
th009 - In the end, if you have ten Corsas in stock, and you register two of them and then sell them at a loss, you will (1) get a volume...
jimbob457 - Couple of points: 1. there is a simple economic trade off between having a common currency like the Euro and having...
bball40dtw - The Verano is not more refined than the ES or the MKZ. Lincoln doesn’t have a compact luxury car, but they probably will eventually. I’m sure it will...
redav - That would also be an excellent engine. Thanks for the heads up. I’ll keep an eye on it.
Lorenzo - Is this part of TARP – the Tarnished Asset Rinsing Program?
Summicron - After several re-reads I’ve concluded he’s dissing both the MI complex and EVs in general. With JB...