Web Only

End of tax discounts to hurt domestic brand cars

  • Published 14 Feb 2011

The end of tax discounts on cars under 1.6l is deterring a fifth of urban middle class from purchasing cars and discouraging prospective buyers from opting for a smaller car, according to a China Confidential survey of 600 respondents in 134 first, second and third tier cities across China in late January. The trend is expected to hurt domestic brands which are most heavily focused on smaller compact cars.

Issue icon

Latest Issue

17 May 2012

Browse the archive

Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more