Passenger car sales seen to rise moderately in 2017
Print Edition
CHINA’S passenger car market is likely to grow moderately in 2017 after hitting a record high last year, as the government has raised the purchase tax, according to an industry report.
Sales of passenger cars are forecast to rise 7.2 percent to 25.7 million units in 2017, a sharp slowdown from an 18 percent jump in 2016, said the China Auto Industry report, published by Swiss financial firm UBS yesterday.
The government has hiked the purchase tax for cars with engines below 1.6 liters from 5 percent to 7.5 percent this year, which will dampen buying sentiment.
In the first 11 months of last year, overall auto sales rose 14.1 percent from a year earlier to 24.94 million units, according to data from the China Association of Automobile Manufacturers.
Sales of new-energy vehicles are set to “reach 600,000 units in 2017,” up 20 percent from last year’s, said Hou Yankun, UBS’ head of Asia auto research.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
