Funny Humor time portal
September 09, 2010, 09:32:27 PM *
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News: SMF - Just Installed!
 
   Home   Help Arcade Search Shop Login Register  
Del.icio.us Digg FURL FaceBook Stumble Upon Reddit SlashDot

Pages: [1]
  Add bookmark  |  Print  
Author Topic: China's Auto Stimulus Package Outspends D.C  (Read 952 times)
ben_young74
Funny Celebrity News Reporter
windbag
***

Karma: +0/-0
Posts: 79
:)31003.07 Smilleys

View Inventory
Send Money to ben_young74


View Profile
« on: April 28, 2009, 03:29:18 AM »



Due to a slow U.S. market, Chinese have bought more cars than US citizens have, mostly German-made or Korean.
In order to get it's populace on the road, China is offering big money to farmers to buy small trucks instead of tractors.

Beijing has also cut the tax levied on new car purchases in half: 5% down from 10.
Ford Motors has cashed in with 4,000 preorders of the 1.5L Fiesta just released on the Chinese market. Also just in: Ford's stock priced has more than doubled.

Beijing is offering taxi companies subsidies to up grade their fleets.
Now the "CHERY" Auto Company, an up-coming, in-country firm has increased sales 25% for January-February 2009.
Logged
Pages: [1]
  Add bookmark  |  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.4 | SMF © 2006-2007, Simple Machines LLC Valid XHTML 1.0! Valid CSS!