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Currently, many Chinese auto dealers are preparing peak sales when the new year is approaching. Many analysts predict that the sales figures will be better than expected and the overall retail prices will be stable. Auto dealers and manufacturers in major Chinese cities are slashing prices to lure buyers.
Mr. Guo Yong, Manager of Beichen Yayuncun Auto Trading Center, says to English. that promotion of some high-end vehicles could help people save some money. Competition between various manufacturers and models is the main reason to push the price going down. Both Chinese auto dealer and manufacturers have a good confidence to sell their products in the year of 2010.