By mid-January, nearly all of China’s top 10 carmakers by 2025 sales had rolled out early-year promotions, intensifying discounts to shore up market share, Caixin Global reported.

In early January, BMW cut prices on more than 30 models in China; major domestic players—including SAIC Motor, GAC Group, Chery Automobile, and Leapmotor Technology—rolled out subsidies, interest-free loans, and other incentives.

Some automakers, like BYD, opted to add features to plug-in hybrids without raising prices, while Tesla (TSLA) extended zero-interest financing to five years and added a seven-year low-interest plan.

  • Fleur_@aussie.zone
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    8 hours ago

    This is the dumbest fucking reason to be against public rail transit. Like the rest of your argument is now suspect because of that stupid fucking take. Like really. Billions invested to connect Chinese cities so that a migrant workforce can be used to soft pressure workers from organising? Are you delusional?