JMC market shares dragged by price and taxes
Date:2011-08-25 Author:eric Source:www.chinatrucks.com
www.chinatrucks.com: JMC has adjusted some vehicles' prices to increase market shares, but their net profits have been largely pulled down.
JMC 0.13 billion Yuan more business tax and additional tax increased since urban maintenance and construction tax and Educational Surtax fee doubled.
JMC market shares in China commercial vehicle industry are 3.1%, 0.6% more than before.
And their N350, N900 complete vehicle program and JX4D24 engine program will start to produce in 2012, and their competitive strengthness will further increase.
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