EconomyForeign Carmakers Slash Petrol-Car Prices in Cutthroat China Market
Foreign automakers are cutting prices on petrol-powered cars made in China by more than 20% as weak consumer demand intensifies competition. CPCA data showed Volkswagen, Toyota and other major international brands offered average discounts of 23.4% last month, compared with 23.7% in July.
S
South China Morning Post★★☆☆☆2026-09-11 01:45Original
Foreign Carmakers Slash Petrol-Car Prices in Cutthroat China Market
Economy