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

Honda, Nissan, GM and VW face rougher road amid weak sales and deep discounts

20240129N Volkswagen China REUTERS

Workers on an Audi Q3 assembly line at an FAW-Volkswagen plant in Tianjin, China. © Reuters

SHIZUKA TANABE, Nikkei staff writer

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.

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