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2026 Buick ENCASA Electric MPV but Not for America :Discussion
G. David Felt posted a topic in Buick
Buick has teased the Electra name for decades, Buick has now chosen to create a sub-brand for Buick in China called Electra and with this, their flagship product is the Electra ENCASA. This is an MPV (Multi-Purpose Vehicle) minivan that will define the 21st century of Buick for luxury transport and family use. The ENCASA MPV has a starting price of $70,986 U.S. dollars and comes with GM's latest charging system, a 900V 6C ultra-fast electrical system enhanced for safety and refined ownership experience with the latest in electric technologies. This global MPV has been paired with what GM says will become their new standard for electric vehicles. Buick Electra ENCASA Details The Advanced Electric Performance and Charging System has the following details: 900V 6C Ultra-fast Charging system Peak Charging of 640 kW 10% to 80% charging in 11 1/2 minutes 96 kWh battery pack 373 miles of range Design Language from Private Aviation Land Jet Inspired 0.258 Cd low drag coefficient 12-layer two tone paint, delivering an understated, but refined flagship luxury Intelligent Driving, Premium Experience, Ultimate Electric Mobility Safety Driver assistance system built on Momenta R6 learning model Three-row spacious layout focused on comfort for all passengers using premium materials consistent with a flagship position 78% high-strength steel ratio for body structure, engineered to meet global standards ENCASA Proportions 124-inch wheelbase Overall length 207 inches Overall Height 80 inches Overall width 72 inches ENCASA has seven-mode adaptive crystal LED headlights and a signature through-body taillight with 257 ultra-red LEDs enhance visibility and on-road presence. ENCASA's ceremonial air suspension enables the vehicle to lower by 2 1/2-inches, delivering the lowest entry height in its class. Together with gesture-controlled sliding doors and full-vehicle hospitality modes, ENCASA extends luxury beyond the cabin itself. The interior only uses high-end full grain Nappa leather, ultra-suede headliners and Australian wool carpet. This is the start as the ENCASA has a Buick first, multi-posture zero-gravity seats. This is able to maximize the usable 37-inches of interior cabin length floor space. If one buys the Luxury with executive package, you can enjoy a "Chaise Longue" experience with 8-mode, 10-point massage, full-area heating and on-touch rest mode comfort. All seating comes standard with floating layer seat cushions composed of mother-and-baby-grade pearl-cotton padding. From third row sliding seats, 49 storage locations or at little as 22 cubic feet of space behind the third-row seats to a cavernous 73 cubic feet of space with the second and third row seats folded down. The ENCASA can handle any hauling needs one might have. ENCASA introduces the industry-first five-constant wellness cabin, delivering a balanced, science-driven in-vehicle environment: Constant Temperature: Dual-layer, multi-zone climate regulation. Constant Humidity: Automatic 40-60% humidity control. Constant Oxygen: Twin-layer fresh-air circulation that maintains low CO2 levels. Constant Cleanliness: Panasonic nanoe X purification, AQS detection, PM2.5 filtration and low-allergen materials. Constant Quietness: Extensive acoustic treatments and ANC create a serene environment. AI Advanced Digital Luxury Integration for ENCASA Powered by Qualcomm's SA8775P platform delivering 72 TOPS of AI compute, ENCASA offers Buick's most immersive digital experience yet: 50-inch panoramic AR-HUD integrating more than 15 sets of driving information Three connected 16.3-inch displays for driver, front passenger and infotainment 21-inch 4K rear entertainment screen Bose premium audio system Cabin-wide gesture control via OMS camera Dual 5.5-inch smart control panels for second-row passengers AI voice assistant with four-zone recognition, 700+ commands and creative AI capabilities These features allow families to enjoy movies, gaming, karaoke or personalized scene modes with seamless multi-screen interaction. 18-5.mp4 See all photos in the 2026 Buick Electra ENCASA photo gallery. More Buick Coverage Buick Electra Sub-Brand Launches in China with the Electra GS Concept Tariff Tuesday: Buick Killing it in China; Killed in the U.S. Buick Electra EV Path Becomes Clear View full article -
Buick has teased the Electra name for decades, Buick has now chosen to create a sub-brand for Buick in China called Electra and with this, their flagship product is the Electra ENCASA. This is an MPV (Multi-Purpose Vehicle) minivan that will define the 21st century of Buick for luxury transport and family use. The ENCASA MPV has a starting price of $70,986 U.S. dollars and comes with GM's latest charging system, a 900V 6C ultra-fast electrical system enhanced for safety and refined ownership experience with the latest in electric technologies. This global MPV has been paired with what GM says will become their new standard for electric vehicles. Buick Electra ENCASA Details The Advanced Electric Performance and Charging System has the following details: 900V 6C Ultra-fast Charging system Peak Charging of 640 kW 10% to 80% charging in 11 1/2 minutes 96 kWh battery pack 373 miles of range Design Language from Private Aviation Land Jet Inspired 0.258 Cd low drag coefficient 12-layer two tone paint, delivering an understated, but refined flagship luxury Intelligent Driving, Premium Experience, Ultimate Electric Mobility Safety Driver assistance system built on Momenta R6 learning model Three-row spacious layout focused on comfort for all passengers using premium materials consistent with a flagship position 78% high-strength steel ratio for body structure, engineered to meet global standards ENCASA Proportions 124-inch wheelbase Overall length 207 inches Overall Height 80 inches Overall width 72 inches ENCASA has seven-mode adaptive crystal LED headlights and a signature through-body taillight with 257 ultra-red LEDs enhance visibility and on-road presence. ENCASA's ceremonial air suspension enables the vehicle to lower by 2 1/2-inches, delivering the lowest entry height in its class. Together with gesture-controlled sliding doors and full-vehicle hospitality modes, ENCASA extends luxury beyond the cabin itself. The interior only uses high-end full grain Nappa leather, ultra-suede headliners and Australian wool carpet. This is the start as the ENCASA has a Buick first, multi-posture zero-gravity seats. This is able to maximize the usable 37-inches of interior cabin length floor space. If one buys the Luxury with executive package, you can enjoy a "Chaise Longue" experience with 8-mode, 10-point massage, full-area heating and on-touch rest mode comfort. All seating comes standard with floating layer seat cushions composed of mother-and-baby-grade pearl-cotton padding. From third row sliding seats, 49 storage locations or at little as 22 cubic feet of space behind the third-row seats to a cavernous 73 cubic feet of space with the second and third row seats folded down. The ENCASA can handle any hauling needs one might have. ENCASA introduces the industry-first five-constant wellness cabin, delivering a balanced, science-driven in-vehicle environment: Constant Temperature: Dual-layer, multi-zone climate regulation. Constant Humidity: Automatic 40-60% humidity control. Constant Oxygen: Twin-layer fresh-air circulation that maintains low CO2 levels. Constant Cleanliness: Panasonic nanoe X purification, AQS detection, PM2.5 filtration and low-allergen materials. Constant Quietness: Extensive acoustic treatments and ANC create a serene environment. AI Advanced Digital Luxury Integration for ENCASA Powered by Qualcomm's SA8775P platform delivering 72 TOPS of AI compute, ENCASA offers Buick's most immersive digital experience yet: 50-inch panoramic AR-HUD integrating more than 15 sets of driving information Three connected 16.3-inch displays for driver, front passenger and infotainment 21-inch 4K rear entertainment screen Bose premium audio system Cabin-wide gesture control via OMS camera Dual 5.5-inch smart control panels for second-row passengers AI voice assistant with four-zone recognition, 700+ commands and creative AI capabilities These features allow families to enjoy movies, gaming, karaoke or personalized scene modes with seamless multi-screen interaction. 18-5.mp4 See all photos in the 2026 Buick Electra ENCASA photo gallery. More Buick Coverage Buick Electra Sub-Brand Launches in China with the Electra GS Concept Tariff Tuesday: Buick Killing it in China; Killed in the U.S. Buick Electra EV Path Becomes Clear
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At the 2025 Shanghai Mobility Show, Buick unveiled the Buick Electra GS Concept, a large EV sedan that showcases the brand's new Xaio Yao "super architecture". This concept leads the way for Buick's all-new sub-brand ELECTRA. Xaio Yao will underpin six new Buick models released over the next two years. While Buick says the platform is tailor made for the Chinese market, the technical specs are such that we can't help but hope that it comes to the U.S. as well. The key features of the platform are its ability to support multiple body styles, sizes, drive configurations, and propulsion systems. The platform can be configured as a pure electric (BEV), a plug-in hybrid electric vehicle (PHEV), or an extended range electric vehicle (EREV). Depending on the propulsion plant chosen, it can be configured in front-, rear-, and all-wheel drive formats. Partnered with CATL, new Lithium Iron Phosphate (LFP) batteries allow ultra-fast peak charging at 640kW enabling approximately 217 miles of range added in 10 minutes. LFP batteries are compelling because they use neither nickle nor cobalt and instead rely solely on common elements Iron and Phosphate in their construction. LFP batteries also offer around double the number of charge cycles that traditional lithium-ion batteries offer and do not suffer capacity loss to the degree traditional lithium ion-batteries do. Currently, the only EVs available in the United States with LFP batteries are certain base model Tesla Model-3 and Model-Y. Buick Electra GS The Buick Electra GS Concept is an imposing vehicle, clocking in at 208.7 inches long with a 126-inch wheelbase. For reference, that's longer than a Mercedes-Benz S-Class and Lucid Air. Buick calls the design Kinetic Sculpture with a wide stance and flowing surfaces. The dashboard is especially low, giving occupants exceptional views out the front of the vehicle. The driver gets an augmented reality heads-up display while a 16.3-inch widescreen display caters to the infotainment needs of passengers. Little is said about the likelihood of the Electra GS making it into production, however, Buick did release images of three EVs destine for the market leading off with a new flagship MPV called Encasa. The Encasa will be offered in both PHEV and EV configurations. View full article
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Tariff Tuesday - Buick Killing it in China; Killed in the U.S.
Drew Dowdell posted an article in Opinion
Last week, April 15th, Tax Day for those of us in the U.S., we started a new series called Tariff Tuesday. President Trump's tariffs amount to one of the largest single increases in taxes on the American People in history. The tariffs which, if fully implemented, will raise $1.4 trillion in revenue, an increase per household of $1,900 to $7,600 per year. Trump's tariff policies change daily, sometimes hourly, so as always, this information is correct for at least 15 minutes after publication. Each week we document the effects the tariff have or could have on the U.S. automotive industry. Last week we made the case that under Trump's tariff policies, affordable sports cars are dead. Prediction: Buick — Killed in the U.S. While Killing It in China Buick is in a bit of a pickle. The number of models they field in the U.S. has dwindled down to just four. In spite of the decrease in offerings, the brand has shown growth in recent years with a significant jump of 39% in the first quarter of 2025. It seems as though Americans were catching on to Buick's new offerings. Buick specializes in inexpensive but premium-feeling small and medium-sized crossovers with just the U.S.-built Enclave filling the large crossover spot. However, Buick's best sellers all come from overseas. The Sales Numbers Tell the Story The Encore GX is Buick's best seller with 58,239 units sold in 2024. The second runner up is the Buick Envista at 51,316 units. These two models account for more than 50% of all Buick sales in the U.S. Both models are built in South Korea. The Buick Envision is their third best seller (47,340) and accounts for about a third of all sales. It is built in China. The Enclave is their most expensive model. It is built in the US. 2024 sales numbers are distorted (26,400) as it was a model change-over year, but they have typically moved around 40,000 units a year. What 25% Tariffs Do to Buick's Prices The South Korean built Encore GX and Envista would face 25% tariffs, adding at least $6,000 - $7,000 to the base price of the vehicles. This pushes the roughly $24,000 Envista and $26,000 Encore GX base prices to between $29,750 to $32,500 respectively. The same currently goes for the Chinese-built Envision. While Trump has raised tariffs on most Chinese imports over 100%, vehicles and vehicle parts from China are under an exemption that keeps the tariff at "only" 25%. The base price of the Envision is $36,500 and with the tariff would likely go over $45,000. While these imported Buick models are excellent values at their current prices and Buick routinely tops the reliability charts, such significant price increases push these models into territory they where not intended to compete in. At nearly $30,000, a base Buick Envista would have to compete with the much larger, more capable, and just as nice U.S.-built Honda CR-V. Meanwhile, Buick Is Thriving in China Across the Pacific, Buick is doing well in China. They have eleven models on sale today with six more coming on a new EV/PHEV/EREV platform showcased with the Buick Electra GS Concept. Buick and GM are making major inroads in the hot EV market their with 40% increases in EV/PHEV market share. They are also showcasing LFP batteries with faster charging technology than is currently available in the U.S. Buick China is so confident in their new platform, they are launching an entire sub-brand called Electra that will feature these six new models. Could GM Shutter Buick in the U.S.? We don't see how Buick can maintain its momentum in the US with massive price increases on its three most popular models that comprise most of their sales. Barclays estimates that GM will cease all imports from South Korea and China, totaling roughly 450,000 vehicles over multiple brands due to tariffs. Rather than on-shoring production, GM may just chose to shutter the brand in the U.S. entirely and let it live on solely in China. While Buick is no longer a major selling brand in the US, ending it removes choice and competition for American consumers. That increased cost and loss of choice are tied directly to the Trump tariffs. Buick isn't the only brand feeling the squeeze — as we explored in our next Tariff Tuesday, the entire small crossover segment faces big trouble since nearly all of them are imported.- 39 comments
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Last week, April 15th, Tax Day for those of us in the U.S., we started a new series called Tariff Tuesday. President Trump's tariffs amount to one of the largest single increases in taxes on the American People in history. The tariffs which, if fully implemented, will raise $1.4 trillion in revenue, an increase per household of $1,900 to $7,600 per year. Trump's tariff policies change daily, sometimes hourly, so as always, this information is correct for at least 15 minutes after publication. Each week we document the effects the tariff have or could have on the U.S. automotive industry. Last week we made the case that under Trump's tariff policies, affordable sports cars are dead. Prediction: Buick — Killed in the U.S. While Killing It in China Buick is in a bit of a pickle. The number of models they field in the U.S. has dwindled down to just four. In spite of the decrease in offerings, the brand has shown growth in recent years with a significant jump of 39% in the first quarter of 2025. It seems as though Americans were catching on to Buick's new offerings. Buick specializes in inexpensive but premium-feeling small and medium-sized crossovers with just the U.S.-built Enclave filling the large crossover spot. However, Buick's best sellers all come from overseas. The Sales Numbers Tell the Story The Encore GX is Buick's best seller with 58,239 units sold in 2024. The second runner up is the Buick Envista at 51,316 units. These two models account for more than 50% of all Buick sales in the U.S. Both models are built in South Korea. The Buick Envision is their third best seller (47,340) and accounts for about a third of all sales. It is built in China. The Enclave is their most expensive model. It is built in the US. 2024 sales numbers are distorted (26,400) as it was a model change-over year, but they have typically moved around 40,000 units a year. What 25% Tariffs Do to Buick's Prices The South Korean built Encore GX and Envista would face 25% tariffs, adding at least $6,000 - $7,000 to the base price of the vehicles. This pushes the roughly $24,000 Envista and $26,000 Encore GX base prices to between $29,750 to $32,500 respectively. The same currently goes for the Chinese-built Envision. While Trump has raised tariffs on most Chinese imports over 100%, vehicles and vehicle parts from China are under an exemption that keeps the tariff at "only" 25%. The base price of the Envision is $36,500 and with the tariff would likely go over $45,000. While these imported Buick models are excellent values at their current prices and Buick routinely tops the reliability charts, such significant price increases push these models into territory they where not intended to compete in. At nearly $30,000, a base Buick Envista would have to compete with the much larger, more capable, and just as nice U.S.-built Honda CR-V. Meanwhile, Buick Is Thriving in China Across the Pacific, Buick is doing well in China. They have eleven models on sale today with six more coming on a new EV/PHEV/EREV platform showcased with the Buick Electra GS Concept. Buick and GM are making major inroads in the hot EV market their with 40% increases in EV/PHEV market share. They are also showcasing LFP batteries with faster charging technology than is currently available in the U.S. Buick China is so confident in their new platform, they are launching an entire sub-brand called Electra that will feature these six new models. Could GM Shutter Buick in the U.S.? We don't see how Buick can maintain its momentum in the US with massive price increases on its three most popular models that comprise most of their sales. Barclays estimates that GM will cease all imports from South Korea and China, totaling roughly 450,000 vehicles over multiple brands due to tariffs. Rather than on-shoring production, GM may just chose to shutter the brand in the U.S. entirely and let it live on solely in China. While Buick is no longer a major selling brand in the US, ending it removes choice and competition for American consumers. That increased cost and loss of choice are tied directly to the Trump tariffs. Buick isn't the only brand feeling the squeeze — as we explored in our next Tariff Tuesday, the entire small crossover segment faces big trouble since nearly all of them are imported. View full article
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Buick Electra Sub-Brand Launches in China with the Electra GS Concept
Drew Dowdell posted an article in Buick
At the 2025 Shanghai Mobility Show, Buick unveiled the Buick Electra GS Concept, a large EV sedan that showcases the brand's new Xaio Yao "super architecture". This concept leads the way for Buick's all-new sub-brand ELECTRA. Xaio Yao will underpin six new Buick models released over the next two years. While Buick says the platform is tailor made for the Chinese market, the technical specs are such that we can't help but hope that it comes to the U.S. as well. The key features of the platform are its ability to support multiple body styles, sizes, drive configurations, and propulsion systems. The platform can be configured as a pure electric (BEV), a plug-in hybrid electric vehicle (PHEV), or an extended range electric vehicle (EREV). Depending on the propulsion plant chosen, it can be configured in front-, rear-, and all-wheel drive formats. Partnered with CATL, new Lithium Iron Phosphate (LFP) batteries allow ultra-fast peak charging at 640kW enabling approximately 217 miles of range added in 10 minutes. LFP batteries are compelling because they use neither nickle nor cobalt and instead rely solely on common elements Iron and Phosphate in their construction. LFP batteries also offer around double the number of charge cycles that traditional lithium-ion batteries offer and do not suffer capacity loss to the degree traditional lithium ion-batteries do. Currently, the only EVs available in the United States with LFP batteries are certain base model Tesla Model-3 and Model-Y. Buick Electra GS The Buick Electra GS Concept is an imposing vehicle, clocking in at 208.7 inches long with a 126-inch wheelbase. For reference, that's longer than a Mercedes-Benz S-Class and Lucid Air. Buick calls the design Kinetic Sculpture with a wide stance and flowing surfaces. The dashboard is especially low, giving occupants exceptional views out the front of the vehicle. The driver gets an augmented reality heads-up display while a 16.3-inch widescreen display caters to the infotainment needs of passengers. Little is said about the likelihood of the Electra GS making it into production, however, Buick did release images of three EVs destine for the market leading off with a new flagship MPV called Encasa. The Encasa will be offered in both PHEV and EV configurations. -
From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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From the album: 2025 Buick Electra GS Concept - China
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China is by far Buick's most important market. More than three quarters of all Buicks sold are sold in China. To that end, it should be no surprise that China gets updated models before the U.S. and also get variants that never will see our shores. Even models that are dead in the US, like the Lacrosse and Verano, continue on selling well in China. The Buick Enclave is one example. In the U.S. it is a full-size model, but in China it is downsized to a mid-size model approximately the size of the current GMC Acadia. Buick just debuted the new Enclave in China and while it is unlikely we'll see it over here, the U.S. model could get many of the same updates when it bows for 2021. Outside we see a revised front fascia with a new grill. The running lights have the familiar boomerang shape while the headlamps have moved lower into the bumper area. A new grille insert is there with a wider horizontal slat that gives the Enclave more visual width. The inside is where the real story is at. Greatly updated, the infotainment system is seamlessly integrated into the dash and a new set of buttons takes the place of the Precision Control shifter. The console is the floating type with storage underneath. (Click image to enlarge) The Chinese Enclave is powered by GM's 2.0-liter turbocharged LSY engine making around 230 horsepower and coupled to a 9-speed automatic transmission. What do you think of the Chinese Buick Enclave and would you like to see these updates in the U.S. version? Let us know in the comments below.
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China is by far Buick's most important market. More than three quarters of all Buicks sold are sold in China. To that end, it should be no surprise that China gets updated models before the U.S. and also get variants that never will see our shores. Even models that are dead in the US, like the Lacrosse and Verano, continue on selling well in China. The Buick Enclave is one example. In the U.S. it is a full-size model, but in China it is downsized to a mid-size model approximately the size of the current GMC Acadia. Buick just debuted the new Enclave in China and while it is unlikely we'll see it over here, the U.S. model could get many of the same updates when it bows for 2021. Outside we see a revised front fascia with a new grill. The running lights have the familiar boomerang shape while the headlamps have moved lower into the bumper area. A new grille insert is there with a wider horizontal slat that gives the Enclave more visual width. The inside is where the real story is at. Greatly updated, the infotainment system is seamlessly integrated into the dash and a new set of buttons takes the place of the Precision Control shifter. The console is the floating type with storage underneath. (Click image to enlarge) The Chinese Enclave is powered by GM's 2.0-liter turbocharged LSY engine making around 230 horsepower and coupled to a 9-speed automatic transmission. What do you think of the Chinese Buick Enclave and would you like to see these updates in the U.S. version? Let us know in the comments below. View full article
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Polestar has opened their factory in Chengdu, China to begin production of the Polestar 1. The factory was designed to achieve a Gold status LEED certification. The Polestar 1 is a luxury hybrid coupe that boasts over 600 horsepower and 1,000 nm (738 lb-ft) of torque and an electric only range of 93 miles. It is a limited production run of 500 vehicles per year and most of the early allocations are sold out. One other announcement came with the factory press release. Polestar has filed for and received their World Manufacturing Identifier, basically their character in the VIN that identifies them. This means that Polestar manufactured vehicles will not have a Volvo VIN but a Polestar VIN instead. Polestar will still apply their performance technology know-how to higher performance Volvos. View full article
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Polestar has opened their factory in Chengdu, China to begin production of the Polestar 1. The factory was designed to achieve a Gold status LEED certification. The Polestar 1 is a luxury hybrid coupe that boasts over 600 horsepower and 1,000 nm (738 lb-ft) of torque and an electric only range of 93 miles. It is a limited production run of 500 vehicles per year and most of the early allocations are sold out. One other announcement came with the factory press release. Polestar has filed for and received their World Manufacturing Identifier, basically their character in the VIN that identifies them. This means that Polestar manufactured vehicles will not have a Volvo VIN but a Polestar VIN instead. Polestar will still apply their performance technology know-how to higher performance Volvos.
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Zotye has confirmed earlier speculation that the first vehicle they will offer in the U.S. will be the T600. A refreshed version of the T600 was shown at the Shanghai Auto Show last month. The T600 would come with a 1.6-liter turbocharged 4-cylinder and 6-speed automatic, but other details are not being released until U.S. certification is complete. In China, the T600 starts around $14,000. In January, Zotye announced that it has signed up 19 dealers with 80 more in process. They hope to have 300 dealers in the top 100 markets in the US in time for the expected launch of the T600 in late 2020. Following the T600 would be a full-size crossover and a midsize sedan.
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Zotye has confirmed earlier speculation that the first vehicle they will offer in the U.S. will be the T600. A refreshed version of the T600 was shown at the Shanghai Auto Show last month. The T600 would come with a 1.6-liter turbocharged 4-cylinder and 6-speed automatic, but other details are not being released until U.S. certification is complete. In China, the T600 starts around $14,000. In January, Zotye announced that it has signed up 19 dealers with 80 more in process. They hope to have 300 dealers in the top 100 markets in the US in time for the expected launch of the T600 in late 2020. Following the T600 would be a full-size crossover and a midsize sedan. View full article
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Cadillac is aiming to boost its dealership network in China to about 500 stores by 2025, about a 65% increase over the 302 it has in operation today. Cadillac President Steve Carlisle said that Cadillac in China has become a credible alternative to the German luxury brands, and that their average buyer age is 32 years old. Cadillac has plans to introduce a new Cadillac model every 6 months through 2021. Carlisle also announced that Cadillac will release a refresh of the Cadillac XT5 later this year. Cadillac sold over 205,000 vehicles in China last year, a 17 percent increase over the year prior. That compares to just 154,700 sales in the US.
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Cadillac is aiming to boost its dealership network in China to about 500 stores by 2025, about a 65% increase over the 302 it has in operation today. Cadillac President Steve Carlisle said that Cadillac in China has become a credible alternative to the German luxury brands, and that their average buyer age is 32 years old. Cadillac has plans to introduce a new Cadillac model every 6 months through 2021. Carlisle also announced that Cadillac will release a refresh of the Cadillac XT5 later this year. Cadillac sold over 205,000 vehicles in China last year, a 17 percent increase over the year prior. That compares to just 154,700 sales in the US. View full article
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China has announced today that it would be reducing tariffs on U.S.-built cars and car parts from 40 to 15 percent beginning on January 1st. This reduction will last for three months as the U.S. and China begin hashing out a new trade deal. We first reported the reduction of the tariffs earlier this week. China's Ministry of Finance posted on their website said it hopes the talks between the two can go quickly and remove "all additional tariffs on each other’s goods" that were brought forth before the current trade-war. “China just announced that their economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes. U.S. is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!” President Donald Trump wrote on Twitter in response to the announcement. China raised the tariffs on U.S.-built vehicles and parts back in July in response to the U.S. raised tariffs on Chinese-built vehicles and parts to 27.5 percent. The move caused a number of headaches for automakers which had to increase prices on models sold in China or change up various plans. Various automakers and groups welcomed the news. At the moment, the U.S. hasn't announced any plans to reduce the 27.5 percent tariff on Chinese-built vehicles and parts. Source: Associated Press, Reuters
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China has announced today that it would be reducing tariffs on U.S.-built cars and car parts from 40 to 15 percent beginning on January 1st. This reduction will last for three months as the U.S. and China begin hashing out a new trade deal. We first reported the reduction of the tariffs earlier this week. China's Ministry of Finance posted on their website said it hopes the talks between the two can go quickly and remove "all additional tariffs on each other’s goods" that were brought forth before the current trade-war. “China just announced that their economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes. U.S. is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!” President Donald Trump wrote on Twitter in response to the announcement. China raised the tariffs on U.S.-built vehicles and parts back in July in response to the U.S. raised tariffs on Chinese-built vehicles and parts to 27.5 percent. The move caused a number of headaches for automakers which had to increase prices on models sold in China or change up various plans. Various automakers and groups welcomed the news. At the moment, the U.S. hasn't announced any plans to reduce the 27.5 percent tariff on Chinese-built vehicles and parts. Source: Associated Press, Reuters View full article
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Rumorpile: China May Reduce Tariffs On U.S.-Made Cars
William Maley posted an article in Automotive Industry
The Chinese government is considering a proposal to reduce tariffs on U.S.-Built vehicles from the current 40 percent back down to the 15 percent before the trade war broke out between it and the U.S. Sources tell Bloomberg a proposal has been submitted to the cabinet to be reviewed in the coming days. This proposal stems from a trade summit in Buenos Aires where U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce on the trade war earlier this month. After the meeting, Trump tweeted out that "China agreed to “reduce and remove” tariffs on imported American-made cars, something China did not confirm at the time." Shares of various automakers including Diamler, Ford, and Tesla rose on the news. The trade war between the U.S. and China has taken a toll on automakers. Both BMW and Dimaler have warned of lower profits as tariffs have forced them to raise prices in China. Others such as Volvo and Ford have made changes to production and vehicle plans. China's Finance Ministry didn't respond to Bloomberg's request for a comment. Source: Bloomberg- 9 comments
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The Chinese government is considering a proposal to reduce tariffs on U.S.-Built vehicles from the current 40 percent back down to the 15 percent before the trade war broke out between it and the U.S. Sources tell Bloomberg a proposal has been submitted to the cabinet to be reviewed in the coming days. This proposal stems from a trade summit in Buenos Aires where U.S. President Donald Trump and Chinese President Xi Jinping agreed to a 90-day truce on the trade war earlier this month. After the meeting, Trump tweeted out that "China agreed to “reduce and remove” tariffs on imported American-made cars, something China did not confirm at the time." Shares of various automakers including Diamler, Ford, and Tesla rose on the news. The trade war between the U.S. and China has taken a toll on automakers. Both BMW and Dimaler have warned of lower profits as tariffs have forced them to raise prices in China. Others such as Volvo and Ford have made changes to production and vehicle plans. China's Finance Ministry didn't respond to Bloomberg's request for a comment. Source: Bloomberg View full article
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