CHINA: Large car taxes hit importers
China's ministry of finance last week announced plans to change consumption tax rates on cars to encourage consumer to purchase small-engine models. While the government's aim was to encourage greater fuel efficiency as crude oil prices continued to soar, the new tax rates will inevitably penalise car importers.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable