China to offer tax incentive on 'green' cars-paper

Newswire

SHANGHAI, June 26 (Reuters) - The Chinese government will offer tax incentives for purchases of environmentally friendly vehicles such as hybrids and diesel-engine cars, the Japanese daily Nihon Keizai Shimbun said on Thursday. The move, expected to be implemented this year, would lower prices for "green" vehicles by almost 10 percent, the newspaper said, without citing sources. Chinese must pay a consumption tax of 17 percent on vehicles plus a purchase tax of 10 percent of the ...

Premium Content (PAID Subscription Required)

"China to offer tax incentive on 'green' cars-paper" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×