Kia Sees China Gain From Small Engines Eligible for Tax CutBy
About 70 percent of Kias sold in China are small vehicles
China cut small-car purchase tax by half from Oct. 1
Kia Motors Corp. predicted it will gain by adding smaller engines to its models in China, after the government in the world’s largest auto market cut purchase taxes by half for vehicles with smaller powertrains.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.