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China remained Britain’s third biggest trading partner

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British automotive industry to see further relations with Chinese market

British automotive industry to see further relations with Chinese market

– Chinese visitors look at Land Rover and Range Rover SUVs on display during an auto show in Chengdu city, Southwest China´s Sichuan province, September 2, 2016.[Photo/IC]LONDON – China remained Britain’s third biggest trading partner after the European Union (EU) and the United States, as British car production achieved a 17-year high in 2016, the Society of Motor Manufacturers and Traders (SMMT) said Thursday.China, the world’s largest car market,”remains a vitally important market for the UK automotive industry, as well as a crucial trading partner in terms of materials and components – relationships we wish to see thrive in the future,” said SMMT Chief Executive Mike Hawes.
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British automotive industry to see further relations with Chinese market

British automotive industry to see further relations with Chinese market

– Chinese visitors look at Land Rover and Range Rover SUVs on display during an auto show in Chengdu city, Southwest China´s Sichuan province, September 2, 2016.[Photo/IC]LONDON – China remained Britain’s third biggest trading partner after the European Union (EU) and the United States, as British car production achieved a 17-year high in 2016, the Society of Motor Manufacturers and Traders (SMMT) said Thursday.China, the world’s largest car market,”remains a vitally important market for the UK automotive industry, as well as a crucial trading partner in terms of materials and components – relationships we wish to see thrive in the future,” said SMMT Chief Executive Mike Hawes.
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Auto Budget 2017: How GST can boost the Indian automotive industry

Auto Budget 2017: How GST can boost the Indian automotive industry

– The Goods and Services Tax (GST) promises to simplify India’s complex tax regulations, and the automotive industryin particular is highly optimistic about it.The industryhas seen rocky results in the past months, especially since the demonetisation decree.Now, automakers are hoping that the GST will help breathe in life into the market and strengthen demand that has only recently started recovering.
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