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China's Monthly Car Price Monitoring Report, 2006
In April 2006, car models like Xiali, Geely, Lubao, KIA Qianlima, Sedan, Palio, Santana, Excelle, Cerato, Santana 3000, EPIC, Sonata, Accord, Mondeo, Mazda, Regal and Bluebird, saw their prices greatly decline compared with that of March, while the prices of large-emission car models like Reiz, Crown, Audi, BMW and Benz increased sharply due to the adjustment of consumption tax.
Low Emission Cars on the Up
Technological improvements in past years have made China-produced lower emission family saloons safer, sturdier and more theft-resistant, as well as cheaper. Sales of low-emission cars in Beijing have noticeably risen since April 1,2006. Hao Dianying, deputy general manager of North Market, Beijing's largest auto dealer, attributes this phenomenon to all-time high oil prices.
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