Auto show opens in Beijing

Published April 21, 2014

BEIJING: Leading automakers gathered in Beijing on Sunday for China’s biggest car show, expressing confidence in the world’s largest car market even though lacklustre economic growth and environmental restrictions have generated uncertainty.

Spectators and journalists crowded around displays at the Beijing International Automotive Exhibition, which features more than 1,100 vehicles and opens to the public on Monday, while female models drew the attention of photographers.

General Motors, Toyota, Volkswagen and Hyundai are among the global manufacturers on the list of attendees, along with SAIC and Dongfeng, China’s number one and two domestic automakers.

“This is obviously an incredibly important market for General Motors,” its president Dan Ammann told reporters, saying China since 2010 had been the US automaker’s largest market which now accounted for a third of total volume.

GM’s China president Matt Tsien said that “we’re very optimistic with regard to the overall progress in the market” even though the world’s second-largest economy was entering a phase of “more modest growth”.

At Ford Motor’s display president and CEO Alan Mulally rode onto the stage in a bright red Ford Mustang, the latest incarnation of the iconic brand which is celebrating its 50th year.

“How cool is that?” he said after getting out, his red tie matching the paint job.

The expo comes as more cities are restricting the number of cars on the road in a bid to battle pollution and congestion — moves that analysts warn could cut into purchases.

The eastern city of Hangzhou, a popular tourist destination, last month became the sixth major Chinese city to implement such a restriction, with some estimates placing the limit at 80,000 car plates a year.

China’s car sales surged 13.9 per cent to 21.98 million vehicles last year.

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