All LMC Automotive articles
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ArticleTesting times
The start of September this year marked the point at which all new car registrations in the EU had to comply with the new CO2 emissions test – the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). This laboratory test is designed to introduce more realistic and stricter criteria when assessing ...
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ArticleChina to slash car import tariffs and aid foreign JVs
China’s president Xi Jinping has said the country will greatly reduce its current 25% duty on foreign-made cars as part of wider efforts to increase imports and reduce its trade surplus with other countries.“This year we will significantly lower import tariffs for vehicles and reduce import tariffs for some other ...
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ArticleIndian vehicle sales bounce back post-GST but cess tax hike looms
India’s light vehicle sales have rebounded, following a big drop in June ahead of the implementation of the Goods and Services Tax (GST) on July 1st.Based on wholesale transactions, official Indian sales surged by 16% year-on-year in July to 334,000 units, as dealerships replenished their inventories.The GST is a value-added ...