The price war in China's auto market has begun to subside
- Agt 09, 2023, at 4:44 pm
- 智通财经
Data from CAM, an auto market consultancy, showed that the proportion of cars with big price cuts in China has fallen in the past two months. In July, 428 passenger car models, or about 16 percent of the market share, saw price falls of more than 5 percent in three months. The price war in the world's largest auto market is starting to subside.