Tesla was the first to announce the price cut last night, which has limited impact on the domestic auto industry.

22 evening, China reduce import tariff announcement of motor vehicle and parts just released soon, foreign auto brand were welcomed. New energy automotive giant tesla 22 evening announced a price cut: thanks to auto automobile import tariffs reduce policy, at present the tesla has adjusted the ModelS and ModelX mainland China cars on sale price, and has been communicated to the whole of China all sales outlets.

Are different from foreign positive response, a number of domestic listed companies, in an interview with reporters said, expectations, and argues that the tariff cuts on the domestic auto industry co., LTD.

Impact on the domestic auto industry co., LTD

"It is said that want to cut, have never thought out so quickly." For the import tariffs, Saic Roewe sources told reporters that "import tariffs down handlebar is equal to the cost down, is also a challenge for the independent brands. But now our own brand in the high-end development, also can match joint venture and imported cars, now sales rank is a lot of independent brand car."

Changjiang securities auto researcher told reporters that imports tariff cut better than expected, before the market is expected to reduce to 10% to 15%, this time to 15% is within an acceptable range, impact on the domestic auto industry co., LTD.

Choi tong securities published research report pointed out that the import tariffs from 25% to 15%, the decline is okay. According to measure, the tariffs will makes imported vehicle costs by 8%, considering the whole car importers and distributors big probability not giving all preferential tariffs to end consumers, so the imports end actual reduction will be less than 8%, the tariff cut imports caused by price adjustment for the price system of domestic luxury brands and joint venture brand impact is limited.

In addition, Choi tong securities analysts believe that due to most of the domestic import parts perform 10% tariff, this reduced to 6%, the parts industry may not be affected. Basic local parts and imported components are complementary relationship, is not a competition, so many ways, even reduce parts tariffs, does not affect the local production of related spare parts.

Positive responses to foreign automakers

Tariffs on imported cars by a news, a commotion, in addition to the domestic automobile market influence the most direct foreign brand is the first time to respond.

As market most popular new energy vehicles, tesla 22 evening responded: thanks to auto automobile import tariffs reduce policy, at present the tesla has adjusted the ModelS and ModelX mainland China cars on sale price, and has been communicated to the whole of China all sales outlets. At the same time, the company decided to, all not delivery vehicles, under the new tariff will be in accordance with the delivery, the price for the car whenever the vehicle clearance; At the same time, a small number of prospective car at the same time enjoy the adjusted price now, can pick up the car as soon as possible, do not need to wait until July 1.

Toyota has also said that would cut its exports to China car prices. Porsche said, has begun to evaluate Chinese car tariff policies, pricing will be announced measures.

BMW, Audi, Volkswagen, Volvo and other giants have made the phrase very much the same welcome comments. Volvo said, welcomed the Chinese car import tariffs, to maximize the benefits to consumers, Volvo is currently active in this policy assessment.

Besides foreign car companies have begun to act, the domestic some listed companies also contain imports business reporter interviewed in the first place. Main imports of automotive trade service the machine insider said: "the lower tariffs will promote the rise in imports scale now imports business accounted for half of the company's main business part, we mainly service charge, as the imported cars sales rise, to the company's performance will also play a role."

Large group relevant personage also said: "it's a good news for companies, but the score evaluation, lowered tariffs on imported cars, imported cars sales may rise, but the domestic independent brand could be affected by certain influence."

In fact, China's tariff on imported cars had made many adjustments. The personage inside course of study thinks, car tariffs or injected a needle to the luxury car market this year will be "arm". In terms of the structure of imported cars emissions in 2017, 1.5 L to 3.0 L displacement imports accounted for nearly 80%, if consumers buy these emissions of imported cars, still can enjoy the bonus from reduced tariffs.

The page contains the contents of the machine translation.