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China’s New Emission Rules Pressure Car Dealers to Clear Stocks

China’s New Emission Rules Pressure Car Dealers to Clear Stocks

China will enforce tougher emissions standards for vehicles starting July 1, putting pressure on legacy carmakers and dealers to clear thousands of cars that will soon become non-compliant.

After July 1, vehicles that don’t meet Phase 6b standards will be banned from being produced, imported or sold. Cars that qualified as “monitor only” under the Phase 6b Real Driving Emissions test have a grace period until Dec. 31 to be sold, accordingBloomberg Terminal to the Ministry of Ecology and Environment.