Liquor maker jettisons public autos at auction

Wuliangye Group, China's leading liquor producer, will complete an auction on Tuesday that will have put 343 public vehicles under the hammer.

The State-owned enterprise, based in Yibin, Sichuan province, announced the sale on Jan 2 as a move to reform its use of public vehicles in accordance with directives from the central government.

On Monday, Wuliangye sold 84 of 90 vehicles offered, garnering 6.68 million yuan ($1.1 million). It aunctioned off 173 vehicles with a total value of 14.18 million yuan on Saturday and Sunday.