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Lincoln brand reduces the price of all Chinese models, up to 20,000 RMB

2024-11-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)03/17 Report--

Lincoln China announces official surrender! In response to the national policy of lowering the value-added tax rate for manufacturing, the Lincoln brand lowered the recommended retail prices of all model manufacturers for sale, and the adjusted recommended retail prices will take effect immediately. Specifically, the Lincoln navigator dropped 20, 000 yuan in all models; the new Lincoln MKC dropped up to 19000 yuan; the new Lincoln navigator all dropped 10, 000 yuan; the Lincoln MKZ dropped 12000 yuan; and the Lincoln mainland dropped 16000 yuan.

The main reason for the price reduction is that from April 1 this year, China's value-added tax rate reduction policy will be formally implemented, the current 16% tax rate for manufacturing and other industries will be reduced to 13%, and the current 10% tax rate for transportation, construction and other industries will be reduced to 9%. Sales of Lincoln in China reached 55315 in 2018, an increase of 2.2% over the same period last year. In terms of new cars, medium-sized SUV navigators have been listed, while pilots and Changan Lincoln's domestic special medium and large SUV will be listed at the end of the year.

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