AutoBeta(AutoBeta.net)03/19 Report--

After continuing to Mercedes-Benz BMW, Jaguar Land Rover, Volvo, Lincoln, Audi-related models also reduced prices!

Since March 19, Audi has lowered the official guidance price of all models on sale. The official guidance price adjustment covers all Audi brand models on sale, with a maximum drop of 55000 yuan.

During the two sessions, the State Council will definitely deepen the reform of value-added tax. On April 1, the policy of reducing the rate of value-added tax in China will be formally implemented, reducing the current tax rate of 16% in manufacturing and other industries to 13%. The current 10% tax rate in transportation, construction and other industries will be raised to 9%. In response to the VAT reduction policy, many luxury brands have lowered their regional guide prices in China.

As early as March 2018, the State Council reduced the VAT rate from 17% to 16% in manufacturing and other industries, and from 11% to 10% in transportation, construction and other industries. The re-adjustment of VAT also made clear the government's determination and efforts to reduce the burden on enterprises and stimulate market vitality.

Due to the repeated adjustments of tariffs, value-added tax and other taxes and fees, the price of luxury cars in China has been reduced many times, and the price threshold has been lowered. As the market gradually opens up, car prices are also thought to have room to fall.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat