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China To Levy Anti-Dumping, Anti-Subsidy Duties On Vehicles From US

BEIJING -(Dow Jones)- China will levy anti-dumping and anti-subidy duties on imports from the U.S. of some vehicles with engine capacities above 2.5 liters, the Ministry of Commerce said in a statement Wednesday. The measures will take effect Dec. 15 and last for two years, the statement showed. The ministry said several U.S. companies, including General Motors Co. (GM), Chrysler Group LLC and American Honda Motor Co., engage in dumping and subsidizing. General Motors' subsidy rate is 12.9%, while its dumping margin is 8.9%; Chrysler Group's subsidy rate is 6.2% and its dumping margin is 8.8%, the ministry said. Domestic manufacturers of sedans and sport-utility vehicles with engine sizes above 2.5 liters are 'materially threatened' by imports from the U.S., it said. The ministry said in May that some U.S. auto makers engage in dumping and subsidizing, but decided against taking temporary measures. -Stefanie Qi contributed to this article; Dow Jones Newswires; (8610) 8400-7331; stefanie.qi@dowjones.com

Stock News for Honda Motor (HMC)
DateTimeHeadline
12/02/201420:23:43Honda's Lending Unit Facing U.S. Charges of Discriminatory Lending...
12/02/201418:43:33Honda's Lending Unit to Face U.S. Charges of Discriminatory Lending
12/02/201416:24:39U.S. New-Car Sales Pace Nears Record Level -- 5th Update
12/02/201415:36:30GM, Chrysler U.S. Sales Rise in November, Ford Declines -- 4th...
12/01/201409:29:14India's Big Car Makers Post Higher Sales in November
11/30/201420:19:34It's Showtime for November Auto Sales
11/25/201417:15:40VW Drives for Gains in Southern China
11/25/201403:40:04Honda CEO Apologizes for Underreporting of Safety Issues
11/24/201418:30:59Honda Says It Underreported Serious Accidents -- Update
11/19/201420:01:33Senate Hearing to Probe Air Bag Recall Delays, Deals
11/11/201421:10:15Asian Shares Mostly Up, Japan Gains on Yen
11/06/201421:50:05Takata Sees Bigger Full-Year Loss on Air-Bag Woes
10/23/201403:00:07UK Car Production Sees Biggest Nine-Month Rise in Six Years -SMMT
10/22/201421:40:34U.K. Car Production Sees Biggest Nine-Month Rise in Six Years
10/16/201409:50:04Honda Starts Work On Plant in India
09/16/201415:10:38Mahindra in Talks on Peugeot Scooter Unit
05/13/201405:57:08ASIA MARKETS: Asia Stocks Mostly Higher After China Data
04/28/201413:55:26ASIA MARKETS: Japan Leads Asian Shares Lower On Ukraine Concerns
04/27/201422:10:13Tokyo Shares Weighed by Worries Over Ukraine
02/24/201412:40:02Ford to Swap in BlackBerry for Car Technology System

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