UPDATE 1-China to end auto tax incentives, to pressure shares


* China to end auto tax incentives on Jan. 1 * Small cars will be hit, especially in first few months * Move though expected, may pressure auto shares (Adds executives, analysts quotes, background) By Fang Yan and Terril Yue Jones BEIJING, Dec 28 (Reuters) - China will end tax incentives for small cars on Jan. 1, the finance ministry said on Tuesday, a long-anticipated step that would apply the brakes to the runaway expansion of the world's largest auto market. The scrapping of ...

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