• VW profit slides, but China offers hope

    16 days ago - By Reuters

    VW profits dropped by almost a fifth in the third quarter as new emissions tests kicked in. But automakers hope China is about to give them a big boost with a cut in its car purchase tax. Julian Satterthwaite reports.
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  • Breakingviews: A Chinese Auto Tax Cut Wouldn't Solve the Car Industry's Big Problems

    16 days ago - By NY Times

    The country is reportedly planning to reduce tax on new cars to stimulate sales, but the auto industry has other problems than lack of demand in China.
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