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China EV price war spreads to gas-fueled cars, denting foreign brands – Nikkei Asia

China EV price war spreads to gas-fueled cars, denting foreign brands – Nikkei Asia

GUANGZHOU — Foreign automakers in China are grappling with stalling sales alongside price competition in conventionally fueled vehicles that is leaving electric-vehicle laggards with less money to invest in the transition.A mid-October visit to a GAC Mitsubishi Motors dealership in Guangzhou revealed a ghost… 

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