Guangzhou enforces car purchase limit  

广州突颁车市“限购令” 市民通宵购车排长龙

广州市官方6月30日晚宣布，7月1日零时起，该市对中小客车试行增量配额指标管理，试行期为一年，期间广州中小客车增量配额为12万辆。7月份该市暂停办理中小客车的注册及转移登记，后续各月度平均分配增量配额，配置指标的具体办法和相关程序将于7月底前发布。

Guangzhou (CNS) -- The city of Guangzhou released its car purchase limit policy on Saturday evening stating that as of Sunday and for the pilot phase of one year, the city will only allow the purchase of 120,000 small and mid-sized vehicles.

No registration or title transfer services for small and mid-sized vehicles will be offered in July, and the quotas and procedure for the rest of the year will be released by late this month.

Guangzhou now has more than 16 million residents with 2.405 vehicles. The number is growing by 19 percent every year, yet fewer than a third have designated parking spots.

The news has heated up the local car market. Race Course Car City saw potential buyers lined up to empty lots where unsold cars are stored. Most of its 4S shops have canceled precious purchase privileges due to a shortage of storage space.

What was actually a depressed car market in Guangzhou during the first half of this year is definitely confronted with even dropping sales in the second half, noted car company manager Wu Sike.