BMW, Mercedes-Benz lower prices in China after VAT drop

BMW AG and Mercedes-Benz said on Saturday they will lower their prices in China, after the government announced it will reduce the country’s value-added tax (VAT) starting on April 1.

…read more

Read more here: BMW, Mercedes-Benz lower prices in China after VAT drop

Category: businessNews, VAT

Leave a Reply

%d bloggers like this: