China’s car market faces turbulence as discounts end, sales tax expires

China’s car market faces turbulence as discounts end, sales tax expires


China’s automotive market is likely to experience turbulence over the next five months as carmakers hit pause on a brutal discount war, before buyers return to the market to benefit from the soon-to-expire tax breaks. Demand for petrol and electric vehicles (EVs) on the mainland could… This story appeared on scmp.com , 2025-07-29 22:00:07.

Author: scmp.com


Published at: 2025-07-29 22:01:06

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