A total 30 vehicle models sold by General Motors and its joint ventures in China will be eligible for a new incentive from the Chinese government.
Effective October 1st, the incentive reduces the purchase tax on a new vehicle by 50 percent and only applies to vehicles with engine displacements of 1.6 liters and smaller. These types of vehicles accounted for about 80 percent of GM’s passenger vehicle and light van sales (based on registrations) in China for the first eight months.
New GM products such as the all-new 2016 Buick Excelle GT and 2016 Buick Envision are eligible for the incentive. GM says that both vehicles have been “well received by consumers” and have “produced solid sales growth”.
Eligible GM vehicles span four brands, including:
- Buick: 7 eligible models
- Chevrolet: 7 eligible models
- Baojun: 5 eligible models
- Wuling: 11 eligible models
The list doesn’t include Cadillacs since the smallest-displacement engine the brand sells is the turbo-charged 2.0-liter LTG in the ATS and CTS.
Besides the obvious reduction in purchase tax, the incentive also means that consumers will be able to save on vehicles with GM’s newest line of Ecotec engines, namely the 1.4L Turbo LE2 SIDI and the 1.5L Turbo LFV SIDI. The all-new engines have been put to use in the likes of the new Chevrolet Cruze, Buick Envision and Verano.
|Number||Brand (Brand Model Count)||Model|
|5||Buick (7)||Excelle XT|
|6||Buick (7)||New Excelle GT|
|10||Chevrolet (7)||New Cruze|
|11||Chevrolet (7)||Cruze Hatchback|
|12||Chevrolet (7)||Cruze Classic|
|14||Chevrolet (7)||Sail 3|
|15||Baojun (5)||730 (2014 MY)|
|16||Baojun (5)||730 (2016 MY)|
|19||Baojun (5)||Le Chi|
|21||Wuling (11)||Sunshine S|
|22||Wuling (11)||Sunshine L|
|23||Wuling (11)||Rong Guang|
|24||Wuling (11)||Rong Guang S|
|25||Wuling (11)||Rong Guang L|
|26||Wuling (11)||Hong Guang V (Rong Guang V)|
|27||Wuling (11)||Zheng Cheng|
|28||Wuling (11)||Hong Guang|
|29||Wuling (11)||Hong Guang S|
|30||Wuling (11)||Hong Guang S1|