Gasgoo.com (Shanghai May 26) - Recent rumors of subsidies for energy efficient vehicles being phased out and Chengdu limiting the number of vehicles has got the local industry in a stir, Sichuan-based scol.com.cn wrote in a report today.
Reactions on the news have varied dramatically, with some worrying that getting rid of the subsidies would remove the last stimulant for dealers, while others are calling the rumors unreliable and unlikely. The only consensus among all sides seems to be that, whatever the outcome, dealerships in Sichuan involved should do their best to ensure maximum sales in the short-term.
Haima has already sent an internal notice to its dealers telling them to deal with the situation accordingly. Chery, JAC, Great Wall, Geely and other domestic manufacturers will be sure to find ways to compete.
