China National Bureau of Statistics and Sinotrust Jointly Release '2010 Q2 China Automotive Industry Climate Index'

Despite a Slight Fallback, the Climate Index Remains High

BEIJING, July 21, 2010 - China Economic Monitoring Center of China National Bureau of Statistics
and Sinotrust International Information & Consulting (Beijing) jointly
release the "2010 Q2 China Automotive Industry Climate Index."

1. The China Automotive Industry Climate Index records 105.7 points in Q2
of 2010 (2001=100), down 0.1 point over the previous quarter, bringing the
three-quarter rebound to an end.

2. The Pre-warning Index remains at 133.3 points (the same as in Q1) in
Q2 of 2010, still in the "Yellow Zone".

3. The Auto Industry Entrepreneur Expectation Index registers 113.5
points in Q2 of 2010, down 2.1 points over the previous quarter.

4. The Dealer Manager Index records 91.7 points in Q2 of 2010, showing
that dealers are obviously not confident about their sales performance in the
upcoming slack season.

The Industry Climate Index of Q2 remains high despite a slight fallback;
the indicators of production, sales, profit, tax, etc. all continue to rise
although the growth shows a slowdown; as the automotive industry's restocking
process has almost come to an end and the current inventory has hit the upper
limit of a reasonable inventory range, the growth of the capital occupation
rate for finished products is losing its momentum, deserving automakers'
close attention; both the Entrepreneur Expectation Index and Dealer Manager
Index continue to drop. However, entrepreneurs and dealer managers have
divided opinions over the future operation of the automotive industry, and
this divergence will probably increase.

According to the survey conducted with automakers and dealers in Q2, as
automakers have noticed the signs of a "cooling-off" of the market, the rapid
growth in auto production and sales will slow down in Q3. In addition,
dealers are very cautious, or even worried, about the market development in
Q3 for the upcoming business slack season.

    Business Contact
     Yumei HUI
     +86-10-5926-7560 / 5926-7608
     huiyumei@sinotrust.cn

    Media Contact
     Sophia LIU
     +86-10-5926-7722
     liuqian@sinotrust.cn

Sinotrust

Sinotrust is a leading supplier of marketing solutions and credit
solutions in China. We collect, analyze and manage information about markets,
consumers and businesses to provide marketing research, business information,
consulting and database marketing services through integration of
information, services and technology. To learn more about Sinotrust, please
visit: www.sinotrust.cn

Yumei HUI, +86-10-5926-7560 & 5926-7608, huiyumei at sinotrust.cn; Sophia LIU, +86-10-5926-7722, liuqian at sinotrust.cn