SHANGHAI -- A fierce price war continues to engulf China's auto industry despite stricter measures aimed at curbing what officials call "disorderly" competition, underlining the challenge of tackling the country's chronic overcapacity.
Automobiles
China auto price war rages on despite regulatory crackdown
Smaller players launch affordable models in survival fight amid overcapacity struggle
Changan Automobile's AVATR 07 at Munich's IAA Mobility 2025 on Sept. 9. The automaker is among 116 Chinese exhibitors at Europe's premier auto show. © Reuters
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