Cars
As we reported earlier this week, in a second move this month after imposing new duties on U.S.-made cars, China’s National Development and Reform Commission and its Commerce Ministry announced that they are putting an end to investment incentives, effective from January 30.
- Jaguar-land Rover Forms New Joint Venture With China's Chery Automobile
Tata Motor's Jaguar-Land Rover premium division has signed a joint venture deal with Chery Automobile to sell cars in its home market of China. The agreement, however, is not final, as it has to be approved by China's regulators. Just last December,...
- Real Steel: U.s. Slaps Duties On Steel Wheels Imported From China
It seems that the U.S. administration has finally decided to respond to similar measures taken by China, such as imposing extra duties on U.S. made cars. Another episode of the trade war between the United States and China aired yesterday after the U.S....
- Will China’s New Tariffs Really Harm Foreign Manufacturers Like Gm?
Yesterday, the Chinese Ministry of Commerce announced that a new tax is imposed on U.S.-made vehicles with a motor capacity of 2.5-liters and above, effective today, December 15. The so-called “anti-dumping†duties imposed not just on U.S....
- China Slaps New Duties On U.s.-made Cars Because It’s Damaging Its Domestic Industry!
Another chapter in the tense relationship between the world’s two biggest economies, those of the United States and China, has opened today with the announcement by Chinese authorities of new duties on U.S.-made cars that are imported into the...
- Smart Distributor Reported To Have Won Bid For Gm's Saturn Brand
The Penske Automotive Group, a car retailer that operates mostly in the U.S. and the UK and has the distributing rights for Daimler's Smart cars in the States, is the winning bidder for GM's Saturn unit, Bloomberg reported Friday morning. Citing...
Cars
GM Not Worried about China’s Latest Measures Against Foreign Automakers
As we reported earlier this week, in a second move this month after imposing new duties on U.S.-made cars, China’s National Development and Reform Commission and its Commerce Ministry announced that they are putting an end to investment incentives, effective from January 30.
The reason being that even though China has more than 70 domestic car manufacturers, the bottom 55 account for only 11 percent of total sales.
As reported by Bloomberg News, General Motors, the biggest automaker in China, is not worried about the new measures. “We expect the new guideline to have minimal negative impact on GM’s future plans in China," the company said in a statement on Friday.
Read more »- Jaguar-land Rover Forms New Joint Venture With China's Chery Automobile
Tata Motor's Jaguar-Land Rover premium division has signed a joint venture deal with Chery Automobile to sell cars in its home market of China. The agreement, however, is not final, as it has to be approved by China's regulators. Just last December,...
- Real Steel: U.s. Slaps Duties On Steel Wheels Imported From China
It seems that the U.S. administration has finally decided to respond to similar measures taken by China, such as imposing extra duties on U.S. made cars. Another episode of the trade war between the United States and China aired yesterday after the U.S....
- Will China’s New Tariffs Really Harm Foreign Manufacturers Like Gm?
Yesterday, the Chinese Ministry of Commerce announced that a new tax is imposed on U.S.-made vehicles with a motor capacity of 2.5-liters and above, effective today, December 15. The so-called “anti-dumping†duties imposed not just on U.S....
- China Slaps New Duties On U.s.-made Cars Because It’s Damaging Its Domestic Industry!
Another chapter in the tense relationship between the world’s two biggest economies, those of the United States and China, has opened today with the announcement by Chinese authorities of new duties on U.S.-made cars that are imported into the...
- Smart Distributor Reported To Have Won Bid For Gm's Saturn Brand
The Penske Automotive Group, a car retailer that operates mostly in the U.S. and the UK and has the distributing rights for Daimler's Smart cars in the States, is the winning bidder for GM's Saturn unit, Bloomberg reported Friday morning. Citing...