Partial China-made Audi cars to cease production

Part of China-made Audi cars at a large displacement range are said to have planned to cease production, because the Chinese government will raise excise tax rates of large-size passenger cars, according to top executives of FAW-Volkswagen Automotive Co., Ltd.
 
The plan includes 3.2L Audi A6L, the top executives disclosed. It will have a big impact on Audi A8L cars, which are considered to be partially imported (for instance, above 3.0L Audi cars). In addition, 2.8L Audi A8L would be likely to be no more imported.
 
The Chinese government's move, industry analysts said, will mainly influence big passenger cars at a price range of 600,000 yuan ($87,800) to 800,000 yuan in China, and put a small impact on big passenger cars at a price of above 1 million yuan.
 
In China, 3.0L to 4.0L cars are estimated to have a rise of 30,000 yuan to 60,000 yuan in comprehensive tax, and above 4.0L cars over 100,000 yuan.
From:SinoCast

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