Euro Auto Introduces New BMW 7-Series amidst Tax Confusion

Truong Ky

10:03 24/11/2015

BizLIVE - Euro Auto recently introduced the all-new BMW 7-Series at a luxurious event in Ho Chi Minh City. BMW 7-Series is the most high-end model in the BMW cars line-up.

Euro Auto Introduces New BMW 7-Series amidst Tax Confusion

The sixth-generation 7-Series was the most technology-packed vehicle that BMW had ever offered.

Mr. Nguyen Dang Thao, CEO of Euro Auto, asserted that the sixth-generation 7-Series was the most technology-packed vehicle that BMW had ever offered.

 Aside from new exterior elements that differ from the car’s last iteration, the 7-Series has 14 brand new features such as the EfficientDynamics engine, the light and durable chassis with “Carbon Core” material, the touch-screen key fob and the innovative BMW Gesture Control.

 At the press conference, Mr. Thao expressed high hopes for the new 7-Series sales to reach three figures in the last few months of 2015. Pre-orders are to be split even between Ha Noi and Ho Chi Minh City markets.

 Decree No. 108/2015/ND-CP dated October 28, 2015 on guidelines for some articles of the Law on Excise Duty proves puzzling for Euro Auto, as well as other car importers and consumers, the CEO said.

 According to Mr. Thao, the plan to bring the new 7-Series to Vietnam had been made a year ahead. Abrupt changes in tax regulations at the end of the year created difficulty for enterprises and potential car buyers when considering next year’s financial plans.

 

 

TRUONG KY