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Home News Auto News China Cuts Sales Tax For Small Cars As Economy Slows China Cuts Sales Tax For Small Cars As Economy Slows Auto News Hans | October 01, 2015 11:03 am The Chinese central government has announced that it will cut sales tax for light vehicles with an engine capacity of 1.6-litres or less by half, to five percent in an effort to boost private consumption.Passenger car sales have been down for three consecutive months since July. Year-on-year, sales fell 3.4 percent in June, 6.6 percent in July and 3.4 percent in August.Some are also expecting China’s total industry volume, which totalled 21.98 million vehicles sold in 2014, to fall for the first time in ten years.Earlier this month, the China Association of Automobile Manufacturers have been lobbying the Chinese government to introduce stimulus measures to boost the car market.The cut in sales tax will take effect today 1-October 2015.China frequently adjusts sales tax to boost/cool the car market. In 2009, when the global financial crisis was at its peak, China reduced its sales tax for light vehicles (1.6-litres or less) to five percent, before raising it to 7.5 percent in 2010 and subsequently restoring it to 10 percent in 2011. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Print Related News Ford’s Driving Skills for Life Programme Is Coming To Sabah Auto News Gokul | October 23, 2020 Sime Darby Auto Connexion (SDAC), the sole distributor for Ford in Malaysia, has announced that for the first time this November, Ford’s global ... Quick Summary Of Brands: New Prices Without GST Here Buying Guides Siew Weng | June 04, 2018 Now that all the mainstream and premium brands have announced their new prices that have withdrawn the GST levy of 6%, we can tabulate all the prices ... MyRapid Releases Stern Warning Towards False News Spreading Auto News Chris Aaron | September 03, 2015 Following this morning’s inaccurate reports that an overhead flyover, or LRT line had collapsed near the SOGO KL shopping complex, Rapid Rail Sdn Bhd ... 13 Pengeluar Automotif Gergasi Miliki Hampir Semua Jenama Kereta Utama Di Dunia Insights Muhammad Sharil Tarmize | August 30, 2021 Dalam dunia ini, ada banyak jenama kereta seperti BMW, Honda, Mercedes-Benz, Volvo dan lain-lain. Tapi tahukah anda dalam banyak-banyak jenama ... Comments
China Cuts Sales Tax For Small Cars As Economy Slows Auto News Hans | October 01, 2015 11:03 am The Chinese central government has announced that it will cut sales tax for light vehicles with an engine capacity of 1.6-litres or less by half, to five percent in an effort to boost private consumption.Passenger car sales have been down for three consecutive months since July. Year-on-year, sales fell 3.4 percent in June, 6.6 percent in July and 3.4 percent in August.Some are also expecting China’s total industry volume, which totalled 21.98 million vehicles sold in 2014, to fall for the first time in ten years.Earlier this month, the China Association of Automobile Manufacturers have been lobbying the Chinese government to introduce stimulus measures to boost the car market.The cut in sales tax will take effect today 1-October 2015.China frequently adjusts sales tax to boost/cool the car market. In 2009, when the global financial crisis was at its peak, China reduced its sales tax for light vehicles (1.6-litres or less) to five percent, before raising it to 7.5 percent in 2010 and subsequently restoring it to 10 percent in 2011. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Ford’s Driving Skills for Life Programme Is Coming To Sabah Auto News Gokul | October 23, 2020 Sime Darby Auto Connexion (SDAC), the sole distributor for Ford in Malaysia, has announced that for the first time this November, Ford’s global ...
Quick Summary Of Brands: New Prices Without GST Here Buying Guides Siew Weng | June 04, 2018 Now that all the mainstream and premium brands have announced their new prices that have withdrawn the GST levy of 6%, we can tabulate all the prices ...
MyRapid Releases Stern Warning Towards False News Spreading Auto News Chris Aaron | September 03, 2015 Following this morning’s inaccurate reports that an overhead flyover, or LRT line had collapsed near the SOGO KL shopping complex, Rapid Rail Sdn Bhd ...
13 Pengeluar Automotif Gergasi Miliki Hampir Semua Jenama Kereta Utama Di Dunia Insights Muhammad Sharil Tarmize | August 30, 2021 Dalam dunia ini, ada banyak jenama kereta seperti BMW, Honda, Mercedes-Benz, Volvo dan lain-lain. Tapi tahukah anda dalam banyak-banyak jenama ...