Well, that was brief. China's car market -- which had suffered a rough patch for several months in which vehicle sales declined -- seems to be on the mend.
On Oct. 1, the central government tried some old-fashioned pump-priming -- in the form of a 50 percent reduction of the purchase tax on small cars -- with gratifying results.
In October, light-vehicle sales rose 13 percent, according to the China Association of Automobile Manufacturers. And that turnaround seems likely to endure in November.
While industry sales for the month haven't been tallied yet, analysts appear willing to declare victory.
In its Dec. 1 report, LMC Automotive China called it "a V-shaped rebound," adding that October sales "clearly demonstrate that the government's incentives have been effective."
Peering into the future, LMC predicts that makers of SUVs and MPVs will benefit from the government's relaxation of its one-child policy. Couples are allowed to have two children now, and LMC says annual births will rise to 20 million.
If so, the world's largest car market seems destined to grow a bit bigger. Party on, automakers.