UBS sings a cheap, small car dealer.

Thanks to the Government's economic policy, mainland car sales may still maintain their rally during the year. According to the China Auto Industry Association, the total sales of domestic cars this year are about 10.2 million, a 8.7% increase from 2008.　　Of these, 7.45 million passenger cars grew 10.2% and commercial vehicles sold 2.75 million, increasing 5%. Car sales, however, have failed to bring profits to the auto industry.　　The first-quarter earnings of the 19-related key companies remained weak, but markedly better than in February. The latest auto industry analysis shows that the mainland car market is still growing, but demand and regional development have changed.　　As demand in the less developed regions of the mainland is catching up with richer coastal areas, as well as the government's plans to stimulate car consumption, promote the development of auto brands and industry integration, not all automakers will be able to seize growth opportunities equally, the bank's analyst, Jin-Lun, wrote in the report. The bank believes that demand changes will continue and will undergo a shift in both geography and products. In the medium term, the bank believes that the central, eastern and western parts of the mainland will be major growth areas, and in terms of products, the Low-cost and compact cars offered by their own brands will benefit from the less developed markets, which are often reported to have been analysed, given that the market coverage of industry participants varies across geographical areas, As growth shifts to these areas, carmakers ' performance will be greatly affected.