The News Review:
- Japan 2007 auto sales tipped to fall
- Auto sector seeks tax sops for units
- Edmunds.com Forecasts Auto Sales; Reports Annual Sales Down.
Japan 2007 auto sales tipped to fall
The Age – Dec 21, 2006
63 million units in 2007 from this year mainly dragged down by aslide in truck demand the Japan Automobile ManufacturersAssociation said. The drop would follow a 1. 9 per cent decline to an estimated5742600 vehicles for 2006 when full-sized sedans and compactcars lost ground to cheaper 660cc minivehicles. Auto makers have noted that a gradual recovery in Japan’seconomy was not translating into automobile sales which areexpected to come under more pressure in coming years as thecountry’s population starts to decline.
Auto sector seeks tax sops for units
Hindu Business Line – Dec 21, 2006
20 The auto industry has sought tax sops for automobile facilities that attract an investment of over Rs 500 crore. In a proposal to the Government the industry has pointed out that the move would help to increase investments and make India a favoured destination for setting up of fresh capacity for vehicles. Similar tax sops are already in place in Thailand. The industry feels that the tax incentives would be in line with the Government’s stated objective of making India a hub for small cars. Another demand from the industry is for a uniform tax structure for all cars at 16 per cent.
Edmunds.com Forecasts Auto Sales; Reports Annual Sales Down.
Free with registration – Business Wire – AccessMyLibrary.com – Dec 21, 2006
com Forecasts Auto Sales; Reports Annual Sales Down. –>CPYRIGHT 2006 Business Wire SANTA MNICA Calif. — This month’s new vehicle sales (including fleet sales) are expected to be 1. 38 million units a 6. 2 percent decrease from December 2005 according to Edmunds. com the premier online resource for automotive information.