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More than 90% of Great China capitulates: Another round of auto stimulus

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More than 90% of Great Wall and Wuling’s vehicles sold this year
were equipped with engines 1.6 liters or smaller.
That may allow the nation’s SUV and minivan leaders to benefit most
from a tax cut for small cars that took effect on Oct. 1. Guangzhou
Auto’s own-brand vehicles may not gain as much from the incentive
because 47% of its sales are from vehicles with engines larger
than 1.6 liters, mainly Trumpchi SUVs. About 83% of overall
domestic-brand sales are small vehicles vs. foreign brands’ 59%.

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More than 90% of Great Wall and Wuling’s vehicles sold this year were equipped with engines 1.6 liters or smaller. That may allow the nation’s SUV and minivan leaders to benefit most from a tax cut for small cars that took effect on Oct. 1. Guangzhou Auto’s own-brand vehicles may not gain as much from the incentive because 47% of its sales are from vehicles with engines larger than 1.6 liters, mainly Trumpchi SUVs. About 83% of overall domestic-brand sales are small vehicles vs. foreign brands’ 59%.

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