Mercedes to Offer Discounts Amid Tariff Issue
Dec. 17. 2018—Mercedes-Benz on Monday said it would offer discounts on cars imported into China from the U.S. until March 31 after Beijing suspended additional tariffs on U.S.-made cars, reported Reuters.
Prices of four models were cut by between 36,000 yuan ($5,219.96) and 135,000 yuan, the Daimler AG-owned company said on its blog.
China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1. Tesla said on Friday it had cut prices on its Model S and Model X vehicles in China after China’s tariff reduction.