BEIJING – China’s automobile market is expected to witness 10 major developments in 2010, although some may turn out to be accurate and some speculative. The State Council has recently decided to continue with the preferential policies adopted in 2009, namely a reduced sales tax for small cars and subsidies for vehicles purchased in rural areas. Although the sales tax for passenger vehicles of 1.6L is up 2.5% compared to 2009, it will still be 2.5% lower than the original 10%. Officials ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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!
Current subscribers, please login or CLICK for support information.