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Luxury marques such as Audi China capitulates: Another round of auto stimulus

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Luxury marques such as Audi and Mercedes-Benz may increase sales
in China due to the latest government incentive. Beijing-Benz, the
venture between Daimler and BAIC, got 14.8% of sales from vehicles
with engines up to 1.6 liters, which qualify for a 5 percentage-point
tax cut.
FAW-VW’s Audi had a similar ratio of 15.4%. The stimulus may have
less impact on BMW-Brilliance, as only 5.4% of its vehicles sold were
equipped with such engines.

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Luxury marques such as Audi and Mercedes-Benz may increase sales in China due to the latest government incentive. Beijing-Benz, the venture between Daimler and BAIC, got 14.8% of sales from vehicles with engines up to 1.6 liters, which qualify for a 5 percentage-point tax cut. FAW-VW’s Audi had a similar ratio of 15.4%. The stimulus may have less impact on BMW-Brilliance, as only 5.4% of its vehicles sold were equipped with such engines.

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