New ‘price war’ of automakers has broken out in China - experts warn of risks

15:16 - 27.05.2025


May 27, Fineko/abc.az. Chinese automakers have staged a new "price war" in the local market, and this may cause problems with the quality and safety of their cars.

ABC.AZ reports that the Chinese media are writing about this.

For example, BYD, Geely Galaxy, SAIC-GM and other automakers have recently launched price reduction promotions in China, which has attracted market attention.

"Industry insiders believe that a price war can lead to supplier losses and problems with the quality and safety of cars," the report says.