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Recently, auto sales and service festival was held in Shanghai. Many auto dealers give a huge discount and promotion to customers, but fails.
The related statistics show that over 20 types of vehicles at the event had a special sales promotion to attract consumers. However, many auto dealers did not see the hot scene. Industry insiders say not many consumers are interested in those big promotional offers now. Some are still waiting and see the global economic trend.
Some auto experts believe that many consumers are just checking out auto models. Many of them are planning to purchase at the end of the year. Experts also analyses that the license plate in Shanghai is so expensive. That blocks many potential auto buyers.