New car policy: fuel car tariff 60%-100%, electric car 10%; car purchase subsidy up to 30%. Used car policy: Tariff: fuel car 60%-100%, electric car 10%; e-mark or FMVSS certification required. Transshipment advantage: As a regional hub, 30% of imported…

New car policy: In fiscal year 2025 (from March), it is planned to reduce import tariffs from 80% to 60%, but due to sanctions, it mainly relies on parallel imports. Used car policy: Tariff: Reduced from 600% to 150% in…

New car policy: Starting from January 2025, the tariff will be 20%-38%, and taxis must use domestic cars; foreign car companies must establish joint ventures and the Russian side must hold the majority. Used car policy: Tariff: 25% tariff +…

New car policy: From February 2025, the 20% consumption tax will be cancelled for fuel vehicles priced between $40,000 and $73,000, and the tax rate for luxury cars over $73,000 will be reduced from 35% to 18%; electric vehicles within…

The latest data shows that due to the impact of tariffs, the UK’s car exports to the US in May fell 55.4% year-on-year. In the same month, the UK’s car production fell 32.8% year-on-year to 49,810 vehicles, hitting a new…