China car sales drop 20%, new rules in place to curb price war
China car sales drop 20%, new rules in place to curb price war is drawing significant interest across the industry.
China moved on Thursday to curb a fierce price war among automakers that has caused massive losses for the industry, after passenger car sales dropped nearly 20 per cent in January from the year before, the fastest pace in almost two years.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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