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Price-cutting spree among Chinese carmakers dimming order visibility for components suppliers

Annabelle Shu, Taipei; Willis Ke, DIGITIMES Asia Tuesday 9 May 2023 0

Credit: AFP

The China car market remains caught in fierce price competition following Tesla in January slashing prices on its cars sold there, but the overall sales momentum is cooling down on consumer expectations about ever-lower prices, dimming order visibility...

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