Luxury import tax to curb extravagant consumer trend
The implementation of China’s new CAFC Standards plus the planned levy of a 20 percent luxury tax on imported cars priced over ¥1.7 million ($276,500) will have a definitive effect on sales of imported large-displacement and super-luxury cars.
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About Qoros Qoros Auto Co. Ltd is an independent international automobile company headquartered in China which is focused on developing innovative, high quality products aimed at young metropolitan customers.
– by Dong Yang The Qoros 3 Sedan debuted at the Geneva Motor Show with great success. I was impressed with the new car after three rounds of inspection and having spoken with Guo Qian, chairman of Qoros Auto.
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