First batch of official vehicles to be auctioned off in Beijing

0 Comment(s)Print E-mail CRI, January 24, 2015
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Photo taken on Jan 23, 2015 in a impound lot located at Beijing's south fourth ring road. The red billboard reads "Contracted auction house for vehicles which were formerly owned by the central government and various sub organs". Cars in the lot will be auctioned off this Sunday, Jan 25 in Beijing. [Photo/people.com.cn] 


The first batch of 304 premium sedans formerly owned by the central government and various sub organs is to be auctioned off this Sunday, Jan 25 in Beijing.

The second and third auctions are scheduled for Jan 26 and Feb 1 respectively at different auction houses.

The cars, dominated by Volkswagen's Audi, will tip off a nation-wide sell-off after central authorities decided to remove them last year amid the new leadership's ongoing frugality campaign. The cars are without plates and buyers need their own quota to buy a car.

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