China car price war extends beyond EVs with discounts near $13,000

Cars lined up for sale — Auto sales have been recovering slower than expected after China abolished its COVID Zero policy in December. (Bloomberg)

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By:

Bloomberg

March 09, 2023 09:59 AM

A price war started by Elon Musk's Tesla has spread beyond electric cars to gasoline-fueled vehicles as the likes of Citroen, Mercedes-Benz and Chevrolet seek to protect market share.

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