Market & Industry
Chinese government to promote auto consumption, 1.6L or below vehicles to be 50% tax free
preferential policies will be applied from October 1st, 2015 to December 31st, 2016, consumers who buy vehicles with a displacement of 1.6L or below will enjoy 50% reduction of vehicles purchase tax.
Sep. 30 , 2015700,000 yellow label vehicles eliminated in ChinaSep. 30 , 2015
Diesel vehicles promotion gets harder in China after the VW pollution test scandal
Gasgoo.com (Shanghai September 25) - The outbreak of VW’s fraud on pollution test of diesel vehicles has undermined public trust on the environmental protection reliability of diesel vehicles. This put more hindrance for Chinese auto market in promoting diesel vehicles.
Sep. 25 , 2015