Shop For Cars
Car Imports

A sudden change in tariff resulted in an 87% fall in Chinese car imports  

Updated September 18, 2018

According to the data from China Automobile Dealers Association (CADA), Chinese car imports have fallen by 87.1 percent in June from the previous year to 15,000 vehicles.

Automakers have delayed the shipments before tariff cuts on vehicles manufactured outside China.

On Monday, the data from CADA also showed that the sales of foreign-made vehicles fell by 22.1 percent to 451,971 vehicles in the first half of 2018. The association has not yet published the July figures.

The Chinese government in May announced that it would cut the imports tariffs to 15 percent from 25 percent for automobiles and car parts from July 1st.

Whereas there was a 40 percent rise in tariffs on vehicles imported from the United States.  

Wang Cun, director of the China Automobile Dealers Association (CADA) import committee said that “June was the most impacted month and many car dealers/manufacturers held back their import orders and decided not to import vehicles until July 1.”

From the data published by China Association of Automobile Manufacturers (CADA), the country imported around 1.25 million vehicles in 2017.

Toyota Motor Corp.said that they would look to adjust the prices of vehicles in China after the announcement of the tariff cuts.  




Uriah Nazario
About Uriah Nazario

If you are easily offended and like to comment about how your feelings are hurt then you won't like my style of writing. I speak my mind (which is deranged) and yes it is often offensive. I am open for debate but not whining. I appreciate all my readers and hope my articles put a smile on your face.

At Autowise, we envision ourselves as not just a automobile blog or an automobile news website, instead we see our website as a platform to connect all automobile enthusiast and provide them with all the information they need.

Office Address: AutoWise, 809 N 30th St. Rogers, AR 75756
Email[email protected]

© Copyright 2010 - 2018 AutoWise. All rights reserved.