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  The price of imported cars in the United States is going up! China will resume imposing 25% tariff on American cars

  This evening, the tariff Commission of the State Council issued two announcements, deciding to impose tariffs on about $75 billion of imports originating in the United States and to resume tariffs on cars and spare parts originating in the United States. With the approval of the State Council, the tariff Commission of the State Council has decided to impose unequal tariffs of 10% and 5% on 5078 items and about 75 billion US dollars of goods originating in the United States, which will be implemented in two batches from 12:01 on September 1 and 12:01 on December 15, 2019. In other words, after this tax, American cars will recover from the previous 15% tariff.

  2019-08-23
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  China continues to suspend tariffs on cars and parts originating in the United States, according to the Ministry of Finance.

  According to the website of the Ministry of Finance, the tariff Commission of the State Council has decided to continue to suspend tariffs on cars and parts originating in the United States, which means that US-made cars are still imported into China at a tariff of 15%. On December 14, 2018, the heads of state of China and the United States reached a consensus on economic and trade issues. China decided to suspend tariffs on cars and parts originating in the United States for three months starting from January 1, 2019. The announcement is about to expire and China has decided to extend its moratorium on tariffs. Before this time, China countered US trade protectionism and decided to add to cars and spare parts originating in the United States.

  2019-03-31
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  Volkswagen, Mercedes-Benz and BMW panicked when Trump said he would impose high car tariffs on the European Union.

  A few days ago, according to foreign media Agence France-Presse, US President Donald Trump's trade war plan may further escalate, claiming that if the United States and the European Union cannot reach an agreement, the United States will impose huge tariffs on cars imported from the European Union. It has been learned that Trump has proposed a 25% tariff on European cars, especially on Germany, which has caused damage to the US auto industry. At present, the tariff on imported cars in the United States is only 2.5%, and that on trucks is 25%. On the other hand, the public has stated that the imposition of additional tariffs in the United States will lead to a significant loss of corporate profits. CEO of Volkswagen Group (Herbert...)

  Cars Volkswagen Mercedes-Benz European Union BMW 2019-02-25
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  Is it difficult to cool down the trade war? The U.S. Department of Commerce refuses tariff exemption for car parts of American car companies such as Tesla.

  Tesla also demanded that the touch screens of model3 models be exempted from foreign media reports; US trade officials on Saturday rejected Tesla's request for a 25 per cent tariff exemption for car computer parts used in Chinese-made model3 models, one of more than 1000 vetoes related to China's industrial development plans. According to documents submitted by the Office of the United States Trade Representative and reviewed by Reuters, Tesla and other American companies have rejected requests for Chinese-made products (from aircraft parts to biotechnology instruments) because these products are considered to be "made in China 202."

  Sales USA 2019-05-06
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  Because of tariff uncertainty, BMW began to hesitate to build China into an electric car export center.

  Last October, BMW successfully joined hands with Great Wall to form a beam car joint venture, the new company will produce new energy vehicles, and BMW has always planned to turn China into an export center for electric vehicles, but BMW has been hesitant recently because of the uncertainty of trade tariffs between China and the United States. According to foreign media reports, BMW executives said that BMW's ambition to turn China into an electric vehicle export center is now in a state of uncertainty because of the uncertainty of trade tariffs between China and the United States. If the Sino-US trade war is not settled, the import tariff on Chinese goods worth about $200 billion will be raised from 10%.

  The Great Wall 2019-03-08
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  Trump once again threatened to raise Mexican tariffs on immigration, leaving a group of automakers miserable.

  On May 30, local time, US President Donald Trump warned that if Mexico does not take measures to curb illegal immigration, it will start imposing a 5% tariff on all goods from the Mexican region next month. if the situation continues, the tariff will reach 25% by October, which will undoubtedly directly increase the cost of producers and eventually pass it on to consumers. Mexico, which is adjacent to the United States, is the main production base for many manufacturers' parts. Volkswagen, Toyota, Hyundai and other companies have parts manufacturing plants or car manufacturing plants in Mexico. Mexico is the production region chosen by many automobile companies after China.

  Cars tariffs Mexico 2019-06-01
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  What is the reality of Trump, who hopes to "guide" investment back to the United States with policy?

  Since the US government announced in May that the second tariff rate would be raised from 10 per cent to 25 per cent, China has resumed its decision to impose tariffs on US-made cars and spare parts in order to defend the multilateral trading system and its legitimate rights and interests. With effect from 12:01 on December 15, 2019, tariffs on cars and parts originating in the United States will resume at 25 and 5 per cent, meaning tariffs on imported cars made in the US will be as high as 40 per cent. In the face of trade frictions, Trump even said directly on Twitter: "We don't need China. I now order that our great American companies immediately stop buying from China and return to the United States."

  Investment USA 2019-08-27
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  EU launches investigation or imposes temporary tariff on Chinese imported rims

  A few days ago, according to foreign media reports, the European Commission is conducting an investigation into steel car rims from China, with the aim of determining whether Chinese car wheel rims manufacturers sell wheels at low prices in the European market. If there is such a practice, the EU is expected to impose temporary tariff increases on Chinese imports of rims for up to nine months and impose anti-dumping duties for up to five years. The survey, which is known to be initiated by the European Wheel Manufacturers Association (EUWA), found that the European steel wheel market is worth about 1.5 billion euros (14.48 billion yuan), while the aluminum wheel market is 4.5 billion euros a year.

  European Union rims temporary tariffs 2019-02-19
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  The trade war between China and the United States began, and the automobile industry began to enter the cold winter one after another.

  The US president said on Thursday that a deal with China was possible this week, and although he reiterated that he would raise tariffs on Chinese goods within hours, the smoke of the trade war seemed to come to an end. At a social event in Washington, he said that he had received a letter from President Xi Jinping about the need for close cooperation to jointly promote normal economic and trade cooperation between the two countries. Liu he, head of the Sino-US economic and trade delegation of the State Council, arrived in Washington on Thursday for a two-day meeting and consultations. The United States will impose tariffs on Chinese goods worth $200 billion from 10% to 20% from 10% to 20% at 12:01 on Friday.

  Automobile 2019-05-10
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  Volvo will cut hundreds of jobs due to falling tariffs and profits

  Due to the recession in the electric car and self-driving industry, automakers are investing huge amounts of money in R & D projects, but it takes a certain amount of time to recoup the cost, so they are facing greater pressure. Last month, Volvo reported lower profits than the same period last year and said it would also put a lot of pressure on its annual profit margins this year. So Volvo made a decision to "lay off" hundreds of employees. Volvo responded that it was assessing staff and other costs to ensure that the business had "the right skills", but declined to give further details. Volvo cars are in a statement.

  Layoffs cars Volvo tariffs profits 2019-05-13
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  Hainan's first "zero tariff" Toyota sea lion customs clearance, duty-free 84,000

  Yesterday, a Toyota Sea Lion 13 MPV imported by a local dealer in Hainan successfully cleared the customs at Haikou Customs with a price of 227000 yuan and tax exemption of about 84000 yuan. This Toyota sea lion is used for operation by Hainan Haiqi Group VIP Fleet Co., Ltd. This belongs to a small number of policy dividends for eligible objects. Hainan Free Trade Port is already quietly advancing. Under the framework of Hainan Free Trade Port Law, laws and regulations that are different from those of the mainland will be used, including tax regulations, which will come into effect when Hainan completely closes the island. The auto industry is concerned to learn from people close to policy-making that it is fully closed.

  TOYOTA HIACE 2021-05-20
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  How will Akio Toyoda choose to deal with the threat of Trump's imported cars?

  The Japan Automobile Association recently issued an official statement in which Japanese car companies said they were "very disappointed." Akio Toyoda, who is also president of Toyota, took the lead this time. Tough "criticism" of Trump's tariff policy. President Akio Toyoda stressed in his speech that Toyota has been operating in the American market for more than 60 years and has made a lot of contributions to the United States and the American people. The cumulative investment of the Japanese automobile industry in the United States has reached 51 billion US dollars, directly or indirectly solving the problem of employing 475000 people in the United States. And the US government also intends to impose tariffs, which means that the US government is against Japan.

  Toyota imported car 2019-05-23
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  Volvo President Hakansemulson said the bipolar trade war between the United States and Europe will be worrying.

  Last week, US President Donald Trump decided to postpone tariffs on the EU auto industry, which is a good opportunity for EU carmakers to catch their breath. But Hakan Samuelson, chief executive of Volvo, Geely's luxury car brand, said a trade war between the world's two largest political forces would be worrying. "We are going into production in the United States." the US government wants us to put cars into production locally to reduce the US trade deficit, adding that tariffs are not the determining factor for Volvo to build a plant in the United States in 2015. We produce 150000 vehicles in the United States, and half of them are exported. ...

  Car Renault Global FCA 2019-05-26
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  Toyota raised its investment in the United States by 30% to $13 billion by 2021.

  In order to increase investment in the United States, the U.S. Department of Commerce submitted an Article 232 national security report to Trump last month. The report recommends that the US government impose tariffs of up to 25 per cent on cars and parts imported from other countries and regions. If these tariffs fall, the cost per vehicle for non-American automakers could increase by thousands of dollars. Obviously, the huge cost increase is too great for automakers to bear. At this juncture, Toyota announced on its website that it will accelerate the pace of its five-year investment plan in the United States. By 2021, the total investment in the United States will rise to nearly $13 billion.

  Investment Toyota 2019-03-15
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  Sales in China are expected to decline significantly this year, with Volkswagen's turnover of 235.8 billion euros in 2018.

  On Friday, Volkswagen Group announced its 2018 results, showing a turnover of 235.8 billion euros in 2018, up 5% from a year earlier; pre-tax profit of 15.6 billion euros, up from 13.7 billion in 2017; and operating profit of 171 billion and 170 billion in 2017. Deiss expects Volkswagen's profit margin to be between 6.5% and 7.5% after paying extra expenses, including the exhaust valve. As for the poor performance, Volkswagen CEO Dis said the introduction of the Global uniform Light vehicle Emission Test Code (WLTP) and exhaust valve compensation in the European Union affected Volkswagen's performance in 2018, including Volkswagen last year.

  Exploring songs 2019-02-25
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  The upcoming announcement of the Trump administration car tax is expected to have a great impact on the US car market this year.

  Auto Industry concern (autochat.com.cn) Feb. 10-- A week before the Trump administration announces a car tax, the Commerce Department will submit a report on its investigation into imported cars and related parts to President Trump on the 17th of this month. In the face of Trump's adjustment to the car tax, countries represented by the German government and the Japanese government have made concessions to the US government, hoping that their own countries can avoid the risk of car tax adjustment and ensure the profits of their own automakers. The European Union, on the other hand, is contrary to countries such as Germany and Japan, saying that if the US government takes relevant measures.

  Automobile 2019-02-10
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  Tesla China market will raise prices on August 30th. Shanghai Super Factory is about to be completed.

  According to foreign media reports, Tesla will adjust the price of his car in the Chinese market this week. This is mainly a response to trade frictions between China and the United States, which could once again lead to higher tariffs on imported cars. A sales representative and an employee of Tesla said the price increase originally scheduled for September would be implemented on Friday. A spokesman for Tesla at his US headquarters declined to comment. Tesla is one of the automakers most affected by Sino-US trade frictions. This is mainly because Tesla has not yet made locally in China and sells cars mainly through imports from the United States, so any increase in tariffs will directly deal a blow to his performance in the Chinese market. ...

  Factory Tesla Shanghai Price Shanghai Super Factory 2019-08-26
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  BMW will continue to produce MINI in the UK without Brexit

  Foreign media reported that BMW will produce MINI electric models in the UK later this year. Oliver Zipse, BMW's production director, said recently that BMW would not plan to withdraw its plant even if the UK leaves the European Union in the future, and that any supply chain disruption is expected to return to normal within four to six weeks. It is understood that BMW is not the only MINI business in the UK. It produces Rolls-Royce cars in Goodwood, a stamping plant in Swinton and an engine plant in Hans Hall. In the future, due to the impact of Brexit, it is expected to bring tariffs between 0% and 5% for the UK, but.

  BMW MINI 2019-03-22
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  Us automakers have been hit hard in China, accounting for only 9.6 per cent

  Under the overall downward trend of production and sales in the domestic automobile industry, American automakers are also suffering from a greater impact. According to the latest data released by the China Association of Automobile Manufacturers, by May this year, the market share of US car brands fell to 9.6% from 10.9% a year ago. Ford, GM and Fiat Chrysler have all suffered declines in sales. On the other hand, German and Japanese brands have increased in the Chinese market. According to the latest data released by the China Automobile Association, China's auto production and sales in May expanded year-on-year, with production and sales of 1.848 million and 1.913 million respectively, down 9. 5% from the previous month.

  Cars USA 2019-06-13
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  Car companies such as Tesla and BYD are interested in building a super lithium-ion battery factory in India.

  It is reported that although Tesla has not yet entered the Indian car market, he intends to set up a battery factory in India. In addition, the BYD and Ningde times have also shown a lot of interest in building factories in India. The Indian government plans to build six large factories that can produce thousands of megawatts of lithium-ion batteries a year, just like Tesla's No. 1 super factory in Nevada. Battery capacity per gigawatt hour can power 1 million homes for an hour, or power about 30, 000 electric vehicles. To reduce dependence on overseas crude oil, save money, and control urban pollution, India plans to invest 50. 5%.

  Factory Tesla BYD 2019-08-20