"GM, Chrysler, Mercedes, BMW and Honda, the implementation of dumping to the Chinese automotive market." After a year of investigation, the Commerce Department recently announced the import of U.S. cars "double reverse" (anti-dumping and countervailing duty investigations) findings, From November 2009 has more than a year, several major multinational brands originating in the United States displacement of 2.5 liters of imported cars and sport utility vehicles the existence of dumping and subsidies, on China's domestic auto industry of substantial damage.
But the survey did not determine penalties for several major brands, but the deadline several major brands for price correction. In accordance with WTO rules, anti-dumping ruling, there are two penalties, one is to impose anti-dumping tariffs, including tariff and start temporary anti-dumping tariffs, the other is the price of commitment.
Some industry professionals to judge, in fact, annual imports of U.S. cars and SUVs total no more than 5 million, but the incident caused in the channel of imported cars vibration concern.
¡ñ 8.9% maximum margin of dumping
The survey covered auto companies including General Motors, Chrysler, Mercedes - Benz U.S. International, BMW U.S. Spartanburg plant, Honda of America Manufacturing Co., Ltd. and American Honda Company, the dumping margin reached 8.9 %, 8.8%, 2.7%, 2.0% and 4.1%, while the domestic price subsidies only two U.S. car firms - General Motors and Chrysler, the price subsidy rate reached 12.9% and 6.2%.
Some industry sources, the survey results showed that several major brand models from the U.S. imports from China, there are up to 20% of customs prices low reported case of imported cars to 40 million (60 million vehicle market prices) , the price-reporting rate of 8 million. According to the Ministry of Commerce ruled that the results of these enterprises should limit the price increase dumping customs models in order to eliminate impact damage.
According to statistics, during the investigation in 2010, originating in the displacement of 2.5 liters or more U.S. imports of cars and sport utility vehicles to achieve the explosive growth, its growth rate far exceeding the average level of China's auto market, especially on large displacement-based brands such as Mercedes-Benz and BMW, in the Chinese market to achieve growth of more than 100%.
An anonymous source said the media: "In 2010, the luxury brand the most intense price war years, a number of imported luxury car prices by more than 10 million, of which some models at prices below the cost of fighting in the market , which shows a greater margin of dumping in the market. "
¡ñ Customs dumping vehicles reported the presence of low prices
It was revealed that before 2008, China imported car market "water trucks" flood of imported cars is relatively confusing channels, some of the brand so the price of a low-reporting means the declaration to the Chinese market dumping. In particular, in September 2008, China began to levy on imported cars with high consumption tax policy, the displacement of 3.0 liters to 4.0 liters (including 4.0 liters) of passenger cars, the tax rate from 15% to 25%, at 4.0 liters displacement more than passenger cars, the tax rate from 20% to 40%. Some worry about the consumption tax rate of imported cars increased impact on the market, so strongly taken various approaches reported declaration of low prices of imported cars.
With the dumping situation intensified, and finally in November 6, 2009, Ministry of Commerce issued the notice of initiation, the decision on the origin of the displacement in the United States in the 2.0-liter and 2.0 liters of imported cars and sport utility vehicles for anti-dumping and countervailing investigations ("double reverse".) But given the displacement of more than 2.5 most prominent model problems, the Ministry of Commerce after the investigation focus on the 2.5 liters and 2.5 liters of imported cars and sport utility vehicles models.
More than a year, the Ministry of Commerce of the United States conducted a large number of data collection, combined with models imported into China mutatis mutandis, the price, and ultimately to the "double reverse" a ruling. According to reports, in fact, anti-dumping investigation is a costly investigation, not only a lot of time, but also a very complicated process.
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