Gasgoo.com (Shanghai July 29) - Jaguar Land Rover has announced that it will be lowering the prices of three of its models, the Beijing Evening Post reported today. The announcement came on the heels of anti-monopoly investigation headed by the National Development and Reform Commission.
Jul. 29 , 2014Gasgoo.com (Shanghai July 24) - Commenting on Jaguar Land Rover's startling performance in the Chinese market as well as Volvo's increasing sales in the country, Lexus China Executive Vice President Jiang Jizhe stated that he was "extremely regretful", the National Business Daily reported today.
Jul. 29 , 2014Gasgoo.com (Shanghai July 18) - 2014 marks a new beginning for new energy vehicles in China. As the technology becomes more mature, new energy vehicles are becoming more and more accessible to the common person. New favorable government policies are also helping speed up the industry supply chain, making the vehicles easier to make.
Jul. 23 , 2014Gasgoo.com (Shanghai July 16) - At a recently-held executive meeting, the State Council has decided to cancel all purchase taxes for pure electrics, plug-in hybrids and fuel battery vehicles purchased from September 2014 until the end of 2017. In an interview with the Nanning Evening News, the Nanning Municipal Office of State Administration of Taxation stated that, even though it had not received an official notification from the State Administration of Taxation, once the policy is officially implemented, the city's residents will save over 10,000 RMB in taxes. The city also hopes that the decreased taxes will help stimulate the currently small number of new energy vehicle sales.
Jul. 18 , 2014