|
BIZCHINA> Top Biz News
![]() |
|
Car buyers waiting for proposed tax cut
By Tong Hao (China Daily)
Updated: 2009-01-09 07:41
Potential car buyers are delaying their purchases until a proposed new tax cut is passed, hurting dealers' sales in what is traditionally the busiest season of the year. The National Passenger Car Information Exchange Association (NPCIEA) proposed the tax cuts in mid-December. NPCIEA said the proposal is now under discussion by the government and is likely to take effect soon.
"The new scheme, if passed, will especially benefit manufacturers of small cars, which account for 30 percent of total sales," said Sun Muzi, an automobile industry analyst of Essence Securities. According to the Sinotrust survey, 77.6 percent of the respondents said they would switch to buying small cars to benefit from the proposed tax concession. Many customers who have purchased cars recently are asking for delivery postponement. "Those consumers hope to take their vehicles after the purchase tax is reduced so they can save some money," explained Hao Wei, deputy general manager of a 4S (sale, spare parts, service and survey) Hyundai store. (For more biz stories, please visit Industries)
|
|||||
金昌市| 紫云| 郓城县| 南部县| 资源县| 诸城市| 翼城县| 枣强县| 榆中县| 淄博市| 盐山县| 青川县| 台州市| 兴义市| 沂南县| 民和| 汝州市| 彰化县| 柳江县| 扶余县| 长顺县| 集贤县| 剑阁县| 特克斯县| 会同县| 曲阳县| 江陵县| 佛坪县| 抚顺县| 莱阳市| 罗平县| 曲麻莱县| 青阳县| 洞口县| 乐都县| 博客| 建德市| 茶陵县| 仁寿县| 永昌县| 宁陕县|