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Mr Leung had aroused controversy by buying a luxury car shortly before announcing a new vehicle tax in his budget speech in March.
ECONOMIST: Will Tung Chee-hwa be next to go?
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He has enacted a huge fiscal stimulus, unveiled a hyper-Keynesian budget, propped up tottering car firms and hastily drafted new rules for how financial bail-outs will proceed.
ECONOMIST: Obama's record: A hundred days of hyperactivity | The
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So if you're planning to buy a car on a tight or specific budget, you might want to factor in--along with fuel and insurance--the cost of repairing a vehicle when the warranty expires.
FORBES
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Avis Budget (CAR) is expected to book a narrower loss than a year ago when it reports fourth quarter earnings on Wednesday, February 13, 2013 with analysts expecting a loss of 8 cents per share, up from a loss of 14 cents per share a year ago.
FORBES: Earnings Preview: Avis Budget
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As executives at auto makers expect the current strong appetite for the subsidies to use up the budget before autumn, car companies are bracing for a sales drop when the program comes to an end.
WSJ: Japanese Auto Sales Climb 92%
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"Moving forward, we will continue to give to give customers choice among a robust selection of car rental options -- including Hertz, Avis, Budget, Dollar, Thrifty, Advantage and other leading suppliers -- that will fully meet travelers' needs, " the company said in a statement.
CNN: Orbitz, Enterprise car rentals part ways