Auto manufacturers turn to deep discounts for greater market share In the face of a deep market downturn since the beginning of the year, China’s car brands are engaged in a brutal price war to win over consumers. Ho...Auto manufacturers turn to deep discounts for greater market share In the face of a deep market downturn since the beginning of the year, China’s car brands are engaged in a brutal price war to win over consumers. However, although the price cuts have lasted almost a month, they seem to be doing little to ease pressure on the industry, partly caused by the ending of stimulus policies and the introduction of new emissions standards.展开更多
文摘Auto manufacturers turn to deep discounts for greater market share In the face of a deep market downturn since the beginning of the year, China’s car brands are engaged in a brutal price war to win over consumers. However, although the price cuts have lasted almost a month, they seem to be doing little to ease pressure on the industry, partly caused by the ending of stimulus policies and the introduction of new emissions standards.
