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China Charges Special Tax on Luxury Cars

Le 5 février 2017, 02:57 dans Humeurs 0

China has decided to charge a special tax of 10% for luxury cars. This new tax became effective into force on December 1, 2016. The reasoning behind the tax is to help reduce air pollution in major metropolitan areas as well as to help curb wasteful spending by the Chinese elite. The Chinese president has been striving to slow down the spending by the Chinese upper class. This tax has already had a strong influence on the sale of luxury handbags and premium spirits. Of course this tax should also strengthen domestic production and reduce dependency on foreign companies.

 

German automotive manufacturers such as Audi, Daimler and BMW will also be affected. However, since the special tax only affects vehicles of 1.3 million Yuan (around 178,000 Euros) and above, the hit to the automotive manufacturers will be limited, as a BMW spokesman confirmed. At Audi, only about one per cent of their cars sold in China are affected.

 

VW’s sister companies Porsche and Lamborghini will be subjected to the tax due to their price point. Other manufacturers of luxury cars such as Ferrari, Rolls-Royce and Aston Martin will also be subject to the additional tax. Currently China represents the largest growth market in the luxury segment with growth rates of 50 to 100 percent.

 

Experts believe that the tax change will have only a short-term impact on the sales figures in China. German automotive manufacturers have already announced plans to react accordingly to avoid long-term effects.

 

MPR China Certification offers CCC Certification for Automotive Suppliers and Manufacturers. For manufacturers we offer CCC Certifications and the Complete Type Approvals (including emission and consumption test) to enable sales of vehicles into the Chinese market.

 

For more information regarding CCC certification, the certification process as well as the associated costs, please visit our website.

 

For detailed information, please download our free booklet “CCC Made Easy” here. You may also consider our book “A Brief Guide to CCC: China Compulsory Certification,” which can be ordered directly on Amazon hier.

Please do not hesitate to contact us by phone (UK: +44 2071931135, US: +1 773 654-2673, GER: +49-69-2713769150) or Email us with any questions you may have.

October 2016 Paris Motor Show

Le 22 août 2016, 07:41 dans Humeurs 0

The Paris Motor Show, also known as the “Mondial de l`Automobile” will take place from October 1-16, 2016. The car show only happens every two years.

 

The first time that the “Mondial de l Automobile” was held on the “Terasse des Jardin des Tuileries” was in 1889. At that time only 232 cars were exhibited and the show attracted 140,000 attendees. Due to the rising popularity of the event and the increased number of exhibitors and visitors, the Parisian car show had to move to the Grand Palais in 1901. In 2008 the “Mondial de l`Automobile” had its 110th anniversary. That year also had a record-breaking attendance of 1,432,972 visitors.

 

Among the exhibitors there are not only French car manufacturers but also German, Asian and American. The car manufacturers often use the “Mondial de l`Automobile” for presenting their premier models to an international audience. This year for instance Renault will present the new Clio generation, BMW shows the new BMW 3 GT, and Audi presents the new Q5 and A5.

 

Among the highlights of the Parisian Motor Show are not only the premier models but also the elder cars. This year the show presents special cars under the theme “cinema”. Visitors will be able to see unique cars such as the Jeep Wrangler from “Jurassic Park”, the 1977 Chevrolet Camaro from “Transformers” and the 2CV from “James Bond”.

 

Besides of the car manufacturers, also automotive suppliers have exhibits at the “Mondial de l`Automobile”. Many of the exhibitors already faced the challenge of CCC certification succesfully.

 

China Certification Corporation offers CCC Certification for Automotive Suppliers and Manufacturers. For manufacturers we offer CCC Certifications and the Complete Type Approvals (including emission and consumption test) to enable sales of vehicles into the Chinese market.

 

For more information regarding CCC Certifications, the certification process as well as the associated costs, please visit our website.

 

For detailed information, please download our free booklet “CCC Made Easy” here. You may also consider our book “A Brief Guide to CCC: China Compulsory Certification,” which can be ordered directly on Amazon here.

Please do not hesitate to contact us by phone (UK: +44 2071931135, US: +1 773 654-2673, GER: +49-69-2713769150) or e-mail us with any questions you may have.

China Remains the Largest Growth Market for Premium Auto Manufacturers

Le 18 juillet 2016, 10:44 dans Humeurs 0

The year 2015 was extremely profitable for the premium auto manufacturers Mercedes, Audi and BMW. All of them were able to post record-breaking sales figures. The market share of the three OEMs is comparatively equally distributed. However, Mercedes managed to generate a revenue-growth of 13.4 % from the previous year. The Chinese automobile market has become increasingly more important for the premium manufacturers. No other market shows the kind of growth that is found in the Chinese market.

 

Currently, Mercedes’ focus is on the E-series which was one of the main growth drivers in the recent years. Audi lately has concentrated on their SUV series, which generated the highest growth in the last years. However, Audi’s flagship vehicle is still the A6 which has been the top selling business limousine for years. BMW has concentrated their efforts on new products, such as the recently introduced the BMW X1 long version.

 

All of the premium manufacturers recognized that the Chinese market still has huge un-tapped potential. The extension of their dealer network has been the focus of all of these premium manufacturers. Mercedes currently has 500 dealers and Audi plans is to reach 500 dealers by 2017. BMW has been working over the last years to meet the demand for more dealers as well. They are currently on pace with both Mercedes and Audi.

 

The huge potential of the Chinese automobile market, not only strengthen the OEMs but also the automotive supplier network as well. Many different types of automotive parts produced by suppliers are required to have CCC certification. It is important to check if CCC is needed to avoid problems.

 

For more Information about CCC certification, the certification process and the costs associated with CCC certification please check our website. For more detailed information, please download our free booklet “CCC Made Easy” here. You may also consider our book “A Brief Guide to CCC: China Compulsory Certification”, which can be ordered directly on Amazon here.

Please do not hesitate to contact us by phone (UK: +44 2071931135, US: +1 773 654-2673, Rest of Europe: +49-69-2713769150) or e-mail us with any questions you may have.

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