Auto Sale Stimulus Tax 
Green Car Congress
MAY 7, 2009
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Sales of China’s Chery, which makes cars with small engine capacities, hit a record high of more than 42,000 units in April.
Green Car Congress
SEPTEMBER 6, 2009
Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57
Green Car Congress
JANUARY 1, 2011
Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%
Green Car Congress
SEPTEMBER 20, 2011
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. CEO, Protean Electric and a 32-year auto industry veteran responsible for the development and production of the GM EV-1. Purcell, Jr.,
Get Electric Vehicle
MAY 25, 2021
As a result, a huge drop in sales in the automotive sector was reported worldwide. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. Despite this general situation of the automotive industry, the EV sales have been stable and were even pretty good during the tough times.
Green Cars News
SEPTEMBER 6, 2009
This has been prompted by the government’s stimulus plan for the auto industry which has boosted domestic demand and ensured industry growth. Now sales of China’s domestically produced automobiles have totalled 1.09million units in July alone – that’s up 63.57
Green Cars News
AUGUST 4, 2009
Part of the swing in culture has been a downturn in new car sales. The car maker is rumoured to be in so much trouble that it is considering closing a major auto assembly plant for the first time ever – the New United Motor Manufacturing Inc based in Fremont, California, which it shares with General Motors.
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