Chinese BYD could have sparked a price war with new aggressive discounts

[Redaktion]

BYD has announced significant discounts of up to 34 percent on two of its product lines in China, running until the end of June. Analysts warn the carmaker could have triggered another round of price war.

https://www.notebookcheck.net/Chinese-BYD-could-have-sparked-a-price-war-with-new-aggressive-discounts.1023833.0.html

[Swizzy]

Good, they're overpriced toys.

[heffeque]

Good, they're overpriced toys.

Well... In Europe those toys cost double what they cost in China.

I'd love to see such a price war in Europe because traditional brands are making garbage quality cars with extremely expensive price tags, and Chinese brands are selling better quality cars (yet a generation or two behind the Chinese equivalent) with slightly lower price tags than the traditional brands (at best), but since people don't trust them, they aren't selling very well yet.