
Wei ZhangAutomotive
China Cuts NEV Export Tax Rebates to 9% from 2027
A four-point reduction in value-added tax export refunds will squeeze roughly 5,000 yuan per car from automaker margins starting April 2027.
Tag
2 stories in this topic

A four-point reduction in value-added tax export refunds will squeeze roughly 5,000 yuan per car from automaker margins starting April 2027.

GM Korea, the Korean unit of General Motors, said Tuesday it has cut the prices of mainstay models in an effort to revive lackluster sales. Starting Tuesday, GM Korea revised the prices of its major models — such as the Impala sedan, Trax, and Equinox…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.