Home
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Shanghai sorting out a sustainable future
Rural tourism: Success depends on more than just green fields and a nostalgic idyll
Sunday
- Subscribe
Related News
Home » Metro » Public Services
Drivers count mounting cost of license plates
By Joyce Pan |
September 14, 2009, Monday
|
Print Edition
Print Edition
NEW city drivers will bid for 8,500 car license plates at this month's auction, a record number so far this year to meet demand during the prime car sales season.
Shanghai International Commodity Auction Co, the auction organizer, said yesterday that an extra 500 private license tags will go under the hammer in the monthly auction on September 19, compared with 8,000 announced last Friday.
"It's normal to offer more plates at this time of year because September and October are the prime car sales season," said Zhu Junyi, an official from Shanghai Information Center's automotive industry research office.
China sold 1.13 million autos in August, traditionally a slow month for sales, according to China's Association of Automobile Manufacturers. That was the sixth consecutive month to see a sales of over 1 million.
Plates on Shanghai's second-hand market have cost as much as 39,500 yuan (US$5,800) recently.
Analysts said it was possible the auction price could exceed 40,000 yuan this month.
Shanghai International Commodity Auction Co, the auction organizer, said yesterday that an extra 500 private license tags will go under the hammer in the monthly auction on September 19, compared with 8,000 announced last Friday.
"It's normal to offer more plates at this time of year because September and October are the prime car sales season," said Zhu Junyi, an official from Shanghai Information Center's automotive industry research office.
China sold 1.13 million autos in August, traditionally a slow month for sales, according to China's Association of Automobile Manufacturers. That was the sixth consecutive month to see a sales of over 1 million.
Plates on Shanghai's second-hand market have cost as much as 39,500 yuan (US$5,800) recently.
Analysts said it was possible the auction price could exceed 40,000 yuan this month.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
