huangester:
In China, tax are based on the engine size, but its the other taxes are adding up to:
53% (2.0liter)
60% (2-2.5liter)
66%(2.5-3liter)
95%(3-4 liter)
144%(4liter above)
that's why a 458 could cost up to US$600K+ in China and 675LT well above US$1million
China does not have GT3RS cause it will cost US$400K, so Porsche China decided not to bring in, and nobody placed any order on this car either.... Turbo S did not appear much q'ty in China either due to its price above US$450K. The brand value had been washed down by Cayman or Macan of which they are planning to sell big q'ty on.
as for the reason they decreased the HP on Cayman/Boxster is because Porsche AG is offering China cheaper price to hit the market with more volume with these cars. ultimately Porsche is about making money, regardless of how to get to that profit.
Very interesting, thanks for clarifying.
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RC (Germany) - Rennteam Editor Porsche 991 Carrera 4 GTS Cabriolet, Porsche Macan Turbo, Audi R8 V10 Plus (2017), Mini JCW (2015), Jeep Grand Cherokee SRT (2014)