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The Nexus
BUSINESSJul 1 · 02:45 UTCSCMP CHINADaniel Ren

Will slowing car sales in China reignite brutal price war in crowded market?

AlixPartners predicts a 10% decline in Chinese car deliveries this year due to a shaky economy and reduced government support, likely fueling a price war among nearly all 100+ carmakers. The forecast includes 24.6 million light vehicle deliveries, with 10 million of...

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