Price War
CAAM retracts call for automakers to not disrupt market with abnormal prices
The statement in the pledge, "not to disrupt the fair competition order of the market with abnormal prices," was inappropriate and inconsistent with the principles of China's anti-monopoly law, the CAAM said.
VW offers big discounts for ID series EVs in China
SAIC-Volkswagen is offering discounts of up to RMB 42,000 for the ID.3, while FAW-Volkswagen's ID.6 CROZZ is priced at RMB 63,000 less than its website shows.
Chinese industry regulator says automakers should not compete with abnormal prices
Auto industry players should not disrupt fair competition with abnormal prices and should avoid cutting prices in a reckless manner, a MIIT official said.
Price competition in China auto industry poised to ease in May, analysts say
Discounts on passenger cars in China continued to expand in April, but the industry is seeing some positive changes heading into May.
China to allow extended sales periods for ICE models based on existing emissions standard, report says
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor.
CAAM calls for return to normal order in China's auto industry as price war disrupts sector
Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said.
SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues
The offer has a deadline of April 30, and SAIC-Volkswagen plans to offer up to RMB 3.7 billion in subsidies for car purchases.
More Chinese EV makers promise no price cuts as price war intensifies consumer wait-and-see sentiment
EV makers including Leapmotor, Neta and Denza have all introduced 90-day price protection policies.
Nio won't get involved in price war, exec says
China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an Nio executive said.
Li Auto rolls out price protection policy amid China auto price war
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto's move helps to allay potential consumers' concerns to some extent.
