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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. Subsequently, several brands, including Volkswagen and BMW , announced similar large discounts.

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China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170

CN EV Post

BMW's NEVs registered 1,486 insurance units in China last week, down from 1,663 units the week before. The past week has seen a rare price war in China's auto industry involving not only NEV makers, but traditional internal combustion engine automakers as well.

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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. He said at the time in the comments section of that Weibo that Li Auto's models would not be reduced in price.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

In order to develop a sustainable market for these vehicles, it is important that all stakeholders from government, automakers, dealers, fuel providers, charging manufacturers, and utilities alike work together to develop a comprehensive and sustained strategy for success. —Auto Alliance.

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VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

CN EV Post

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. 1 = RMB 6.8695) China auto price war: BMW dealers offer discounts of up to $14,360 for i3 The post VW joins China auto price war, offers up to $5,820 discount on ID. series EVs appeared first on CnEVPost.

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. Sixty-two percent also think M&A will increase for tier-one suppliers versus 71% in 2010, tier-two suppliers (47%) and dealers (46%). Investments. Forecast for Mergers and Acquisitions.

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