- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
By mid-January, nearly all of China’s top 10 carmakers by 2025 sales had rolled out early-year promotions, intensifying discounts to shore up market share, Caixin Global reported.
In early January, BMW cut prices on more than 30 models in China; major domestic players—including SAIC Motor, GAC Group, Chery Automobile, and Leapmotor Technology—rolled out subsidies, interest-free loans, and other incentives.
Some automakers, like BYD, opted to add features to plug-in hybrids without raising prices, while Tesla (TSLA) extended zero-interest financing to five years and added a seven-year low-interest plan.
You must log in or register to comment.
Chinese carmakers have always been struggling with fierce price wars since the domestic industry has emerged. One BYD manager last year warned of a ‘blood bath’ (their word) if this continues.
Many Chinese companies went bankrupt over the years, and literally all others are fighting for their survival. This is a major reason why they seek relief in exports. As in many other industries, China’s automobile sector depends heavily on gaining export markets.
Tankies: China must go through it’s capitalist phase to achieve true communism in 2069
CCP: woah there, don’t want too much capitalism making stuff too cheap.
What if China’s domestic policy is centered on public high speed mass transit, not individual car ownership?
That’s a nice fantasy but not connected to reality, as impressive as China’s HSR network is (largely by necessity to make sure there is a large enough migrant workforce available to break any worker organizing), car ownership is on the rise: https://www.nature.com/articles/s41599-024-03173-4
Also Tankies argue about developing productive forces via capitalism, keeping prices artificially high doesn’t help with that, but Tankies say a lot of dumb shit so I guess it’s to be expected.
This is the dumbest fucking reason to be against public rail transit. Like the rest of your argument is now suspect because of that stupid fucking take. Like really. Billions invested to connect Chinese cities so that a migrant workforce can be used to soft pressure workers from organising? Are you delusional?
Who said I’m against it?
Recognizing the material factors that led to it’s creation, doesn’t make me opposed to it.
That isn’t a material factor that led to its creation mouth breather
China’s HSR network is (largely by necessity to make sure there is a large enough migrant workforce available to break any worker organizing)
Is there any actual correlation between HSR and labor organizing? It seems like you pulled that out of nowhere.
There is a strong correlation between the use of (internal) migrant workers and preventing work place organizing, wether it’s the US, EU, UK, China or Dubai.
It’s uncontroversial to say this about the expansion of the EU, yet for some reason people are in denial about the same tactic being used in China just because they have a red flag.
Click link
“Ctrl + f”
“rail”
Huh no results. That’s weird you did say that building high speed rail was a union busting tool and this was your evidence for that. Surely this isn’t bait and I’m not a fool for being trolled right now. An account with a name like yours clearly is a serious one
