More than 30,000 car dealers in mainland China are facing another bleak year in 2025, with many turning from profit-generators…
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China’s electric vehicle (EV) makers reduced prices a month ahead of expectations, as cutthroat competition and overcapacity threaten unprofitable carmakers…
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“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of…
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