china fuel efficient vehicles

Back 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 ...

In March of 2009, China implemented a policy to subsidize the purchase of vehicles with engines displacing 1.6 liters or less and that consume fuel at a rate of at least 20 percent below the average auto sold in China. The policy slashed taxes on vehicles with low-displacement mills and ...

Wang Fuchang, director of China's Department of Equipment Industry, delivered a speech at the 2010 International Forum on the Development of the Chinese Automotive Industry held on September 5th. Fuchang's message was quite clear: ...

According 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 ...

The National Development and Reform Commission in China recently added 71 models from 16 different automakers to the approved list of vehicles that qualify for subsidies based on fuel efficiency alone. All of the qualifying vehicles are fitted with engines no larger than 1.6 liters and consume ...