Thursday, May 15, 2003

SARS and cars

One reaction to the outbreak in China has been an increase in car purchases as people seek to avoiding using mass transit systems, according to a report on Just-Auto.com.

'Reuters, citing state media, said that, in April, when China admitted it had covered up the extent of the epidemic that has now infected more than 5,000 people and killed more than 260, car sales in Beijing rose 21% to 34,000. Reuters noted that Shanghai Automotive Industry Corp said April nationwide sales jumped 33% year on year to 46,800. Guangzhou Honda Automotive Co said it sold 17,250 cars, more than double a year ago.'

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