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  COMMENT
Beijing's decision to maintain tax on auto sales is a bad move
Yang Jian | 2018/11/16

SHANGHAI -- The National Development and Reform Commission, China¡¯s central economic planning agency, has no plan to cut the tax on new-vehicle purchases as was widely expected.   Given the severe challenges confronting the Chinese economy, including slowing demand for new cars and light trucks, the government should reduce the tax as soon as possible, rather than sit idle and do nothing.   Pictured: Yang Jian is managing editor of  Automotive News China.
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  China, dashing hopes for lower car taxes, tells industry to buckle up
Reuters | 2018/11/16

BEIJING -- China's powerful state planner said on Thursday it had not considered reducing the tax on vehicle purchases, seemingly pouring cold water on industry hopes that Beijing might cut the tax by half to shore up the flagging auto market.
>> Read Full Story

U.S. to hold off on light-vehicle tariffs
Bloomberg | 2018/11/16

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.

>> Read Full Story

  Zotye begins recruiting U.S. dealers, plans to sell budget crossover
David Sedgwick | 2018/11/16

China's Zotye Automobile International Co. has begun recruiting U.S. dealers and has charged two import-industry veterans with the task of bringing a budget crossover to America in 2020.   If successful, the effort could mark the long-awaited debut of a Chinese auto brand in the United States. Most recently, Guangzhou Automotive Group had been aiming at a 2019 entry but said last month that new U.S. tariffs would likely delay its arrival until 2020.
>> Read Full Story

  Ford slump continues with Oct. sales off 45%
Automotive News China | 2018/11/16

Ford Motor Co.¡¯s China sales, exacerbated by a lack of new models, continue to fall, with October volume plummeting 45 percent to 58,204. 
>> Read Full Story

  Mercedes-Benz plans 2nd r&d center to accelerate product rollout
Automotive News China | 2018/11/16

Mercedes-Benz is planning a second r&d center in China to speed localization of new products.   The 1.1 billion yuan ($158.3 million) r&d center will be on the premises of Daimler¡¯s joint venture with BAIC Motor Corp. in Beijing.
>> Read Full Story

  Dealerships burdened with nearly two months' supply in Oct.
Automotive News China | 2018/11/16

The average new-vehicle stockpile at dealerships in China topped 56 days last month, a slight increase from 55 days in September, as new car and light-truck sales kept declining across the industry. 
>> Read Full Story

The world's best-selling car gets makeover under Toyota's China gamble
Bloomberg | 2018/11/16


>> Read Full Story

  Light-vehicle market on verge of rare annual dip after October sales slide
Reuters | 2018/11/13

China's light-vehicle sales fell 12 percent in October, bringing the world's biggest car market closer to an annual contraction not seen since at least 1990.   Data from the country's top auto industry association showed 10-month cumulative sales falling, amid broader slowing economic growth and a biting trade war between China and the United States.
>> Read Full Story

  VW brand deliveries fall for 5th straight month
Automotive News China | 2018/11/13

Volkswagen¡¯s China deliveries dropped 9.8 percent to 274,100 in October, marking the fifth consecutive month the German brand¡¯s sales slid year over year.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Beijing's decision to maintain tax on auto sales is a bad move

China, dashing hopes for lower car taxes, tells industry to buckle up

U.S. to hold off on light-vehicle tariffs

Zotye begins recruiting U.S. dealers, plans to sell budget crossover

Ford slump continues with Oct. sales off 45%

Mercedes-Benz plans 2nd r&d center to accelerate product rollout

Dealerships burdened with nearly two months' supply in Oct.

The world's best-selling car gets makeover under Toyota's China gamble

Light-vehicle market on verge of rare annual dip after October sales slide

VW brand deliveries fall for 5th straight month

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