China’s carmakers are resorting to tricks to inflate their...

added blog Auto World

2025-06-11 20:37:44 -

China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough

BYD slashed the price of its most affordable EV, the Seagull hatchback, to roughly $7,800 in late May from nearly $10,000 previously. Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest example of “involution”, when domestic companies drag themselves down collectively in a race to the bottom....

0 Comments 0 Shares 868 Views 0 Reviews