September discount race in China: makers push, buyers wait
China’s car market enters a promotion-heavy phase: brands raise incentives, while many shoppers stay on the sidelines.
In China, the traditional September sales peak is turning into a contest of discounts. Carmakers have launched aggressive promotions to lift demand, under pressure from weak sales and increasingly fierce competition.
Many customers, however, are still holding back, hoping for even bigger cuts or better terms. For the industry, this could become a crucial month, with incentives likely to support volumes but squeeze margins.
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