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Asia Times Online :: China Business News- China misses the cut on auto tariffs
. The last time China cut its import duty for vehicles was the beginning of this year, when tariffs were lowered from 30% to 28%.. Foreign-invested and joint venture carmakers in China have marketed at least 11 new models this year, of which four are in the mid to high-end segment, including General Motors' Lacrosse, Dongfeng Citroen's C-triomphe and FAW Volkswagen's Sagitar.. Shanghai GM said it would introduce its mainstream Cadillac model for production in China early next year.. The new car would be unveiled at the Autoshow at the end of this year.. The latest statistics from the China Association of Automobile Manufacturers show both production and sales of cars in May slowed down from April but still recorded strong growth from a year ago.. The statistics show that China produced 581, 100 motor vehicles of all kinds last month, up 26.69% from a year before but down 15.31% from April.. Sales of motor vehicles in May totaled 567, 500 units, up 21.03% year-on-year but down 15.6% month-on-month.
Federal Motor Vehicle Safety Standards and Regulations
. This standard applies to the following: (a) Passenger motor vehicle parts identified in Section 541.5(a) that are present: (1) In the passenger motor vehicle lines listed in Appendix A of this part; (2) Beginning with model year 1997, in passenger motor vehicle lines which NHTSA has finally determined, pursuant to 49 CFR Part 542, to be high theft based on the 1990/91 median theft rate; and (3) Beginning with model year 1997, in passenger motor vehicle lines listed in Appendix B of this part.. 208, OCCUPANT CRASH PROTECTION Subpart C 3-Year-Old Child (Effective 6-19-85) This part describes the three-year old child anthropomorphic test dummy that is to be used for testing of motor vehicles for compliance with motor vehicle safety standards.. Subparts G - [Reserved] Subparts H - [Reserved] Subpart I 6-Year-Old Child (Effective 11-14-91) This part describes the 6-year-old anthropomorphic test dummy that is to be used for testing of motor vehicles for compliance with motor vehicle safety standards.
Honda Worldwide | November 22, 2005 "Redesigned 2006 Honda Civic Wins Motor Trend Car of the Year Award"
> | Automobile November 22, 2005 Redesigned 2006 Honda Civic Wins Motor Trend Car of the Year Award TORRANCE, Calif, U.S.A., November 22, 2005 --- American Honda Motor Co., Inc., announced that the all-new Honda Civic earned Motor Trend magazine's prestigious 2006 Car of the Year award.. "For 2006, the Civic underwent the most radical transformation in its 33-year history, " said John Mendel, senior vice president of American Honda.
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Auto Bump and Grind Will the cancellation of auto import quotas mean a big drop in the price of vehicles made in China? By LI ZI High tariffs and quotas on imported vehicles are something that has benefited China’s homegrown auto industry for many years.. But it’s the end of the road for part of this protective system when the country scraps its auto import quotas, starting from January 1 next year.. At the same time, tariffs on vehicle imports will be lowered to 28 percent at the beginning of 2006 and to 25 percent in July of the same year.. Thus, many potential auto purchasers are now waiting for further price cuts expected next year.. Official Interpretation LYING IDLE: Many foreign-made vehicles, taking advantage of the long-practiced protective tax policy, pile up in Tianjin Bonded Area, China’s largest vehicle import base Authorities say there would be only moderate down-revision to imported auto prices next year, and never would there be pressure on home-made auto prices.
Motoring - Toyota SA to import car of the rich and famous
. Even Benoni Bombshell Charlize Theron knows about "green" cars; she arrived at this year's Oscar awards in a Toyota FCHV (fuel-cell hybrid vehicle) while her entourage tagged along in a fleet of Prius cars.. Toyota went to the trouble of listing this the second-generation Prius's string of accolades, so here they are… North American Car of the Year 2004.. International Engine of the Year.. Motor Trend's 2004 Car of the Year.. Automobile magazine's 2004 Design of the Year.. TopGear's 2004 Family Car of the Year.
People's Daily Online -- News analysis: factors influencing this year's car import
Services - - - - - - - RSS Feeds - - - - - - - - - Search About China - - - - - - - - >> UPDATED: 18:48, August 15, 2005 News analysis: factors influencing this year's car import China's total volume of automobile imports dropped by one third in the first half of this year, which insiders attributed to the increased production of domestic-made cars, foreign exchange rate fluctuation as well as the policy factor, -based Economic Information Daily reported Monday.. In the latter half of this year, China's car imports are expected to exceed that in the first half year, Ding Hongxiang, general manager of China Trading Center For Automobile Import told the Economic Information Daily.. Figures showed in the first half year, China produced 30, 000 Nissan cars, 10, 000 Crown (Toyota) cars, 25, 000 Mazda cars and 65, 000 Accord (Honda) cars.. The robust euro and yen's exchange rates in the first half of this year directly led to the high import cost for German and Japanese cars, reducing the auto import from these two countries considerably, he said.
China Plans to Cut Car Import Quota from Japan -- Report
. Eto was referring to a weekend report by the Nihon Keizai Shimbun newspaper that China planned to cut its quota on Japanese vehicle imports from June to October by 40-60 percent from a year earlier, an AFP dispatch said.. Toyota's exports of finished cars and other motor vehicles came to 5, 000 autos for the four months to April, up 132 percent from the same period last year.. Nissan exported 7, 300 vehicles to China in January-April, up 221.7 percent from a year earlier.. Toyota announced last year it had agreed to set up a joint venture with Xiali, a subsidiary of the Tianjin Automotive Industrial Group, to make 30, 000 compact cars a year based on the Vitz/Yaris model platform.
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Buyacar | How to search for a new UK car or import at a discount
. A nearly new car is one that is under 1 year of age, and has covered a very low mileage.
Costa Rica - tips on how to import and insure your car
. One can say that tax gets 10% less each year in average, until a maximum tax deduction of 82%, if the car is 5 years or more.. If you decide to import a car, you have to know that tax system is complicated and based on the year built as well as on other facts.
Abolition of Car Import Quota System in 2005 (tdctrade.com)
. Customs statistics showed that car imports to China topped US$14.448 billion in 2003, a year-on-year increase of 84%.. While car imports increased by leaps and bounds, domestic production of cars (in particular sedans) also sustained considerable growth in the last two years.
IMPORT CAR OF THE YEAR ?
Import of Car
. DEPRECIATION PERCENTAGE PERIOD OF USE DEPRECIATION ALLOWED For every quarter during 1 st year 4% For every quarter during 2 nd year 3% For every quarter during 3 rd year 2.5% For every quarter during 4 th year a nd thereafter 2% The present rate of duty on import of Car is as below: Total effective duty works out to 101.91%, which includes the following.. BREAKUP OF CUSTOMS DUTY ON CAR IMPORT (2000-2001) BASIC CUSTOMS DUTY 35% SURCHARGE ON CUSTOMS DUTY 10% ADDITIONAL DUTY 16% SPECIAL EXCISE DUTY 24% MOTOR VEHICLE CESS 0.125% SPECIAL ADDITIONAL DUTY OF CUSTOMS 4% IMPORT POLICY Passenger cars/jeeps/multi utility vehicles, etc., which are in the restricted category may be imported without a licence on payment of full Customs duty by the following categories of importers: (a) Individuals coming to India for permanent settlement after two years continuous stay abroad; (b) Resident Indians presented with a car as an award in any international event/match/ competition; (c) Legal heirs/successors of deceased relatives residing abroad; (d) Physically handicapped persons; (e) Companies incorporated in India having foreign equity participation; (f) Branches/offices of foreign firms; (g) Charitable/missionary institutions registered with the Ministry of Welfare and the Ministry of Home Affairs, Government of India; (h) Honorary Consuls of Foreign Countries on the recommendations of the Ministry of External Affairs, Government of India; (i) Journalists/Correspondents of foreign news agencies having accredition certificate with the Press Information Bureau, Ministry of Information and Broadcasting, Govt.
GM and Ford Lose More Market Share GINA CHON / Wall Street Journal
5jan2006
. auto demand this year.. While domestic auto makers predicted a flat year for 2006, Toyota Motor Corp.. Toyota's market share was 13.7% in December, compared with 12.2% last year.. A slow- or no-growth year for U.S.. market share declined in December to 25.9%, compared with 27.8% last year.. Ford's market share was 17.9%, compared with 19% last year.. DaimlerChrysler AG's Chrysler Group continued to outperform its crosstown rivals, reporting a 2.3% decline in sales that allowed it to hold 14.9% of the market in December, up from 14.6% a year ago.. Sales of so-called traditional sport-utility vehicles, or SUVs, built on frames similar to pickup trucks, fell sharply in December, continuing a downward trend of the past three years.. GM could use the SUVs to launch a new pricing strategy, aimed at avoiding a repeat of last year's summer-clearance sale, when GM offered vehicles at employee-discount prices.. For the most recent period, there were 27 selling days and in the year earlier period 27 selling days.
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