China cancels aid to foreign manufacturers

The foreign automakers that assemble vehicles in China are associated with local builders, which has allowed them to enjoy advantages in tariffs for the import of various equipment and their components.

Today the situation is such that sales of local manufacturers are more than a third of the vehicles sold in China represent.

Chinese increasingly shunning the BYD brand, Chery, Dongfeng, Geely and others for their lack of reliability, and this, despite the most competitive prices.

The Chinese government has therefore cancel all aid to foreign manufacturers without making disappear, on the contrary, the agreements between local and foreign manufacturers.

Faced with a market estimated at 20 million new vehicles could find a buyer in 2012, these new rules are only a minor annoyance for Western manufacturers.