Chinese New Year Kicks off With Price War Among Automakers, Entering a Bloody Elimination Race

Chinese New Year Kicks off With Price War Among Automakers, Entering a Bloody Elimination Race

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As we all know, since early last year, Chinese car manufacturers have been locked in a fierce price war. The competition in the new car market has been intense, and it has inevitably spilled over into the used car market. With the constant price cuts on new vehicles, selling used cars has become increasingly difficult.

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