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Good news from China auto market reports that the sales volume surged in the new year holiday. Accroding to the automotive stimulus policy, the consumption tax is up in 2010. However, it does not affect the consumers to buy their autos. Many Chinese consumers still have very high enthusiasm. A sales dealer in Beijing says there were many cusomers to come to buy new auto and the sales volume rised five percent comparing the same period of the last month.
Many auto dealers gave customers a big discount at new year to promote its sales volume. The discount can offset the higher prices from taxes. Some of auto dealers are raising prices to take advantage of a heated market. They says there are not enough autos to sell to customers in recently period. They will raise prices before the Chinese traditional spring festival.
An auto insider says the auto supplies are running short in China recently. The auto supply will resume to normal after the March of this year.