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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
01/30/201502:20:57Honda Earnings Hammered By Recalls
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01/25/201517:59:48Nissan's Datsun Sales Sputter in Early Markets
01/23/201502:03:10UK Car Production in 2014 Highest Since 2007 - SMMT
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01/11/201520:30:18Nissan Hopes a Diesel Engine Lifts Its U.S. Truck Sales
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01/08/201514:47:09U.S. Fines Honda $70 Million for Failing to Report Safety Issues--Update
01/08/201513:34:10U.S. Fines Honda $70 Million For Failing to Report Safety Issues
01/07/201521:40:11Asian Shares Rise as Crude Prices Ease
01/05/201519:05:22U.S. Auto Sales Rise in December, Capping Strong Year--Update
01/05/201508:30:51U.S. Auto Sales Rise in December, Capping Strong Year -- Update
01/05/201508:06:08Nissan, Honda Post U.S. Auto Sales Gains in December -- Update
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

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