China issues new guidelines to curb auto price war
China issues new guidelines to curb auto price war is drawing significant interest across the industry.
HONG KONG -- China moved on Thursday to curb a price war among automakers that has caused big losses for the industry, after passenger car sales dropped nearly 20% 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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