Topic

Car salesi

Car sales

Advertisement
  • Deliveries of passenger cars rose 7.4 per cent in September to 1.94 million units, the China Passenger Car Association (CPCA) says
  • Tesla leads as new energy vehicle firms record strong recovery amid surging orders
videocam

The government’s hand-holding is beginning to taper off, with subsidies set to end by 2020. It also plans to penalise carmakers that do not produce NEVs from next year

Advertisement
Advertisement

If companies pass the full 25 per cent cost on to consumers, it could potentially snuff out about 2 million sales, or more than 10 per cent of annual US deliveries

Their advice: Conservatism is the way to go this ‘double earth’ year, while the city’s leader and justice minister, likely to have a bumpy road ahead, should keep cool and face challenges bravely