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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The campaign involves 20 SAIC-Volkswagen models, the vast majority of which are conventional internal combustion engine vehicles, that can enjoy discounts ranging from RMB 15,000 to RMB 50,000.

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Tesla (TSLA) gets “Buy” rating and $298 price target from RBC Capital

Teslarati

His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. He covers several auto companies such as Tesla, Ferrari, and the Mercedes-Benz Group. Don’t hesitate to contact us with news tips. Narayan is currently ranked on TipRanks as a 4-star analyst with an average return of 7.4%

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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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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said. Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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The 2025 Genesis GV80 Got a Range of Updates But a Modest Price Bump

The Truth About Cars

The automaker updated the GV80 SUV for the 2025 model year, giving it a range of improvements, and recently announced pricing for the model shows that it didn’t increase the cost of entry by a large amount. Pricing ranges to $80,650 for the top 3.5T liter four-cylinder engine making 300 horsepower and a twin-turbocharged 3.5-liter

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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