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BigBreakingWire Avatar BigBreakingWire @BigBreakingWire on x 16.9K followers Created: 2025-07-24 08:51:45 UTC

China lowers luxury car tax threshold from CNY 1.3M to CNY 900K, affecting XX% of the market. JLR hit hard as many models now taxed. Tax includes EVs and NEVs. Prices may rise 10%. Brands like Porsche offer big discounts.

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Related Topics porsche chinese yuan renminbi threshold tax bracket luxury china

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