SHANGHAI/HONG KONG -- The price war has flared up once again in China's auto market, as the Volkswagen Group jumps into the fray with other players dangling deep discounts to spur demand.
Failed industry attempt to avoid 'abnormal pricing' leads to second round of cuts

An ID.3 electric vehicle on display at an SAIC Volkswagen Automotive dealership in Shanghai in late August. (Photo by Tomoko Wakasugi)
SHANGHAI/HONG KONG -- The price war has flared up once again in China's auto market, as the Volkswagen Group jumps into the fray with other players dangling deep discounts to spur demand.