Chongqing auto expo lures with discounts and cash

The Second Chongqing Auto Expo kicks off on Nov 15 and will last until Nov 19.

Both car manufacturers and dealers have come up with discounts to entice potential customers, with the highest discount for a car cutting up to 300,000 yuan ($48,091.68) off the original price. In addition, anyone who buys a car at the expo will receive 500 yuan in cash from the organizing committee. Women who visited the expo on the first day did not need to buy a ticket, which cost 30 yuan.

Auto sales in China dropped 0.73 percent month on month to hit 1.61 million units in October, according to data from the China Association of Automobile Manufacturers. On a year-on-year basis, auto sales in October rose 5.3 percent.