China auto shares unmoved on end of tax incentives


SHANGHAI, Dec 29 (Reuters) - China's major auto companies' shares were little moved at the open on Wednesday, shrugging off the finance ministry's announcement late on Tuesday that it would end tax incentives for small cars on Jan. 1. Top automaker SAIC Motor opened down 0.1 percent, while rival Chongqing Changan Auto dipped 0.4 percent at the open. Smaller automaker FAW Xiali was flat at the open. That compared with a 0.1 percent rise in the benchmark Shanghai Composite Index . ($1=6.83 ...

Premium Content (PAID Subscription Required)

"China auto shares unmoved on end of tax incentives" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×