lancpudn:
Huge price war going on in China as it is tightening emission rules on the 1st July, VW amongst 40 other brands including Honda & Toyota JV’s are offering $537million in cash subsidies for car purchases before the deadlinetodaynewspost.com/auto-news/vw- … ule-looms/
It’s now akin to BOGOF in China before the July 1st deadline
“The promos offered by various brands in China are nothing short of outrageous such as offering discounts of up to 40 percent (around P 712,000) of a vehicle’s sticker price to an outright buy-one, take-one offer.” carguide.ph/2023/03/could-s … -lead.html