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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
09/23/201600:10:00Asian Shares Mixed; Nikkei Falls After Yen's Recent Gains
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09/14/201623:00:00Japanese Stocks Take Another Hit on Yen Gains
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09/02/201602:20:00Asian Shares Mixed Ahead of U.S. Jobs Report
09/01/201610:40:00Ford, GM Report Declines in Auto Sales
08/30/201603:21:00Honda Sets All-Time Record for Automobile Production in China...
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08/29/201600:30:00Stocks in Asia Fall After Comments From Fed
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08/25/201623:30:00Asian Shares Fall Ahead of Yellen's Speech
08/25/201600:49:00Honda to Begin Sales of All-new NSX
08/24/201611:40:00AAA Warns of Misconceptions Regarding Automatic Braking Systems
08/24/201600:48:00Honda Updates on Production Status of Kumamoto Factory
08/22/201622:40:00Asian Shares Mixed as Oil Prices Fall and Dollar Softens
08/18/201620:51:00GAIKINDO Indonesia Auto Show (GIIAS 2016) alive with New & Concept...
08/16/201601:00:00Weakening Oil Takes Some Air Out of Asian Stocks
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08/10/201600:50:00Asian Shares Mixed as Stronger Yen Pressures Nikkei Asian Shares...

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