Bitter days of Chinese car market——A brief review of car market in the first half of 1999

Chinese auto market was tend-ing towards weakness in the first half of 1999. Totally 270 thousand units of cars were turned out and 260 thousand of them were sold in the first 6 months. Although the production and sales increased by 5.8% and 4.1% respectively, con-sidering the low increase rate of production and sales in the same pe-