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China to cancel subsidy of small-engine vehicles in 2011

Buick Excelle GT – Click above for high-res image gallery

China to cancel subsidy on vehicles with low-displacement engines

In March of 2009, China implemented a policy to subsidize the purchase of vehicles with engines displacing 1.6 liters or less and that consume fuel at a rate of at least 20 percent below the average auto sold in China. The policy slashed taxes on vehicles with low-displacement mills and effectively awarded automakers 3,000 yuan ($451 U.S. at the current exchange rate) for each eligible vehicle built. In 2010, changes to the policy Eric Loveday

China approves measly $442 incentive for fuel-efficient vehicles *UPDATE

The National Development and Reform Commission in China recently added 71 models from 16 different automakers to the approved list of vehicles that qualify for subsidies based on fuel efficiency alone. All of the qualifying vehicles are fitted with engines no larger than 1.6 liters and consume fuel at a rate of at least 20 percent below the average vehicle sold in China. Models such as the Hyundai i30 pictured ab