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China's car market remains pivotal for auto giants

China's Car Market Remains Pivotal For Auto Giants

China’s Car Market Remains Pivotal For Auto Giants

Yes, China’s burgeoning automobile market will eventually calm down from what can only be described as parabolic growth.

Moody’s Investors Service even predicted negative growth in Chinese auto demand for the fourth quarter of this year, but going forward this is still a market global auto giants have to have a foothold in.

Believe it or not, General Motors is doing pretty well in China. The bankrupt auto giant said its sales in China rose to a record 196,004 units in May. Sales at its Shanghai GM venture soared almost 49% to 83,302 units.

Sales at the SAIC-GM-Wulling venture jumped 5.2% to 105,395 units in May, according to Bloomberg News. GM sold 1.03 million units in China through the first five months of this year, an increase of almost 54% from a year earlier.

Separately, China’s government said it will subsidize the purchase of energy efficient cars to reduce emissions. China is the world’s biggest polluter and the government subsidies could increase sales of green cars by $59 billion, or the equivalent of 4 million units by 2012, according to Bloomberg.

Buyers of hybrid cars powered by traditional gas or diesel fuel in China would receive a subsidy of about $440. Buyers of plug-in cars would get a $7,300 subsidy while buyers of battery-powered cars would land a subsidy of almost $8,800.

This could be good news for the likes of GM and Toyota (NYSE: TM), which have been boosting production of environmentally friendly cars in China. Buyers have previously had to deal with lofty price tags, keeping sales of green cars muted in China.

Buy commercial property in delhi

Buy Commercial Property in Delhi

Many of the people are thinking to start their own business in own property or in a rental property because now days people’s economic condition has become better compared to before. Especially youngsters want to create some miracles and they want to prove themselves. Many of youngsters do not want to work under someone and they want to prove their identity. Some people want to start their business as part while they are working somewhere. Those people always think of the place where they can have more opportunities. They can’t start their business in their own commercial property. So they will search for to-let office space to set their initial business.

Many NRI people are coming to India to set their business and they are planning to invest on commercial rental properties. Cosmopolitan cities mainly Delhi NCR in India have become target for them. So now a day’s buying a commercial Rental property in Delhi is the better option for those who can able to buy. They can use commercial rental property for own or they can rent it out to get rent as returns.  There is an important to thing to consider and to think that whether the person needs to invest on a long term or short term. If the person need to invest on a long term then that would mean a balanced flow of returns from the property in the form of rent or anything. For this reason, one can afford to purchase a luxurious commercial property as the possibility of rent or lease appreciating long-standing is much higher than in the short term. Otherwise the person who needs to buy commercial property for short period has to go for cheaper investment. He has to invest fewer amounts on that property and after put it on the market he has to make profit.

There is a lot of things to help your for searching to rent commercial property or to buy commercial property in Delhi NCR. Through local registered real estate agents you can buy to-let commercial property or you can rent commercial property. Also you can know by web portals also through browsing internet.