Finance Ministry gives firm assurance that new reporting methodology will not increase vehicle prices during 2020

In the past couple of weeks, there has been speculation that a new tax structure will result in new vehicle prices increasing after the Chinese New Year period. The matter (which related to excise duties) was even documented in the Government Gazette at the end of last year, catching the car companies by surprise. Needless … Continue reading Finance Ministry gives firm assurance that new reporting methodology will not increase vehicle prices during 2020