Beijing to limit the number of cars to combat rampant smog

|By:, SA News Editor

Beijing will take more measures to limit the use of automobiles in the city as air pollution readings continue to exceed levels considered safe.

Reports indicate the local government could curb the number of registered vehicles at 6M, a level only 800K over the number of cars reported in the city at the end of last year.

Major automakers such as Ford (F +1.4%), General Motors (GM +0.7%), and Volkswagen (VLKAY.PK) could actually benefit from increased emissions regulations in China with their latest models more advanced on fuel economy and emissions technology than Chinese counterparts.