In a move that some analysts fear will boost volume but damage margins, BYD has announced that it has cut the prices of five models by up to almost 20%. There are also fears that the strategy could ignite a price war in the lower segment of the Chinese car Subscribe to Automotive World to … Continued
In a move that some analysts fear will boost volume but damage margins, BYD has announced that it has cut the prices of five models by up to almost 20%. There are also fears that the strategy could ignite a price war in the lower segment of the Chinese car
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https://www.automotiveworld.com/articles/85967-china-byd-cuts-vehicle-prices/
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