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The tariff cut and its short- and long-term impacts on the industry

The swift move by the Ministry of Finance on May 22 to cut import tariffs for automobiles and components (see China reduces import tariffs for autos to 15 percent, components tariffs cut to 6 percent), coming just 42 days after President Xi Jinping vowed at the Bo’ao Forum for Asia

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New ballgame

It’s a whole new ballgame for Scania, and other imported European truck brands, for that matter, now that China has opened up its manufacturing sector more and foreign equity requirements on commercial vehicle manufacturing would be lifted in 2020. “It’s a game changer,” Scania senior executives told me quoting CEO Henrik

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2018 China Auto Forum: “Internet thinking” not a pedestal for the auto industry

BEIJING – Automakers should not put “Internet thinking” on a pedestal and overly depend on it, but rather focus to develop related technologies in a pragmatic manner so as to create a competitive advantage in automotive mobility technologies, according to Li Shufu, chairman of Geely Holding Group. Li made the

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DFM releases Dongfeng Brand Strategy, aims top 10 in global sales in 2025

BEIJING – Dongfeng Motor Corp. (DFM) announced its Dongfeng Brand Strategy here on April 23 and unveiled its new technology development, the Dongfeng Fengshen WindLink3.0 system, and a concept sports car the eπ, at the event. “This brand strategy, a fruit of over two years’ effort in drafting, research

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Haval, Geely and BYD top Chinese brands in Brand Finance’s 2018 Auto 100 rankings

LONDON – Haval, Geely and BYD took home the top three spots in the list of Chinese automobile brands as part of the Auto 100 2018, the annual report on the world’s most valuable automobile brands published by Brand Finance earlier this month. A total of 22 Chinese brands made

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China’s premium car market in 2017: Sales top 2.57 million units, some dealers earn more than £¤100 million

Who was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue

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China PV end-user sales up 5.55 percent in October 2017

According to data from CBU Analytics, China’s registration volume of passenger cars, MPVs and SUVs in October 2017 reached 2.18 million units, up 5.55 percent year-on-year. Passenger vehicles with engine displacement of 1.6L and below increased to take up 69.72 percent of the total PV registration volume, as purchase tax rate

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Recap of heavy-duty truck manufacturers’ annual business conferences (I)

It’s late December and that means heavy-duty truck manufacturers’ annual business conferences are in session. Following are highlights from business conferences held by FAW Jiefang, CNHTC, Shaanxi Auto and Beiben. – Editor   FAW Jiefang targeting sales of 264,000 medium and heavy-duty trucks in 2018, 304,000 in total CHENGDU –

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