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0China to cancel subsidy of small-engine vehicles in 2011 1294239180
Buick Excelle GT – Click above for high-res image galleryBack in 2009, the Chinese government agreed to slash the sales tax charged on vehicles sporting engines that displace 1.6 liters or less. The decision, which halved sales tax from ten percent to five percent, was meant to spur buyers ... -
China's green car subsidy program fails to boost sales of smaller, more fuel-efficient vehicles 1281729660
Buick Excelle GT – Click above for high-res image galleryAccording to a report coming from the Global Times of China, the country's green car subsidy program has yet to to boost sales of smaller, more fuel-efficient vehicles. In fact, drawing from figures reported by the China Association ... -
Chinese motorists are buying more and bigger cars 1192142460
Car sales in China increased steadily in the first half of 2007. According to R. L. Polk & Co., 4.7 million passenger vehicles will be sold by the end of 2007, a 26 percent increase compared to last year. Since 2004, the Chinese car market has grown an average 20 percent a year.The winner of ...
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