HONG KONG -- China's Geely Automobile Holdings on Wednesday reported solid results for 2023, shrugging off the fierce price competition in the world's largest auto market.
An Conghui, a Geely Automobile executive and the president of its parent Zhejiang Geely Holding Group, told reporters that the deep discount by Chinese auto brands are "normal" and a "necessary process for any industry to undergo for progress and development."
