economy
Low-emission cars lose out to craving for social status
By BeijingToday - Posted on August 5th, 2007
Tagged: economy
Sales of low-emission cars in China declined 11.67 percent in the first half of the year with the majority consumers valuing social status over the environment.
The dip in sales was in stark contrast to general automobile sales figures in China which increased nearly 30 percent on the previous year, reported the China Association of Automobile Manufacturers.
Low-emission car sales dropped 25 percent in Beijing alone, according to Su Hui, head of Yayuncun automobile market.
