Tag Archives: Cars

BMW

BMW Recalls Over 41,500 Cars In China For Faulty Airbags

BEIJING, Feb 14 (APP/AFP) – German luxury carmaker BMW will recall around 41,500 vehicles in China due to faulty airbags, according to the country’s quality regulator. Some 3,926 cars produced between January-December 2012, and a second group of 37,759 vehicles produced between January-December 2012 will

5-luxury-cars-in-china

China Slaps New 10% Tax On Super-Luxury Cars

China has imposed an extra 10 percent tax on ultra-high-end cars costing over 1.3 million yuan ($190,000), the government said, the latest step in a wide crackdown on conspicuous luxury consumption. Under President Xi Jinping the Communist Party has overseen a sprawling campaign against graft