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3/1/20

Chinese cities offer incentives to revive car sales after coronavirus

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Two more Chinese cities that rely heavily on car manufacturing plan to offer incentives to bolster auto sales, which have been hit by the fallout from the spread of the coronavirus. In the southern city of Guangzhou - where Japanese automakers Toyota, Honda and Nissan all have joint ventures with Chinese partners - the local government plans to reintroduce subsidies to encourage people to buy electric vehicles, it said last week. Car sales in China, the world's biggest car market, have been fa

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Chinese cities offer incentives to revive car sales after coronavirus originally appeared on Autoblog on Sun, 1 Mar 2020 16:20:00 EST. Please see our terms for use of feeds.

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