Tag: price war
Würth suffers from weak construction industry – operating profit falls
Würth warehouse The world market leader for assembly and fastening materials is feeling the weaker demand from the construction industry. (Photo: Andreas Lechner/ PR) Stuttgart The weak economy and high…
Würth suffers from weak construction industry – operating profit falls
Würth warehouse The world market leader for assembly and fastening materials is feeling the weaker demand from the construction industry. (Photo: Andreas Lechner/ PR) Stuttgart The weak economy and high…
Volkswagen suffers sales setback in China
VW production in Shanghai After the corona lockdowns, the Chinese government boosted car sales with tax breaks. (Photo: Reuters) Hamburg, Wolfsburg The price war in China is leaving deep scars…
Tesla Signs Deals With Rivals In China – Is Price Competition Ending?
Video link with Elon Musk in Shanghai The Tesla boss had put the competitors in China under pressure with his price cuts. (Photo: IMAGO/Kyodo News) Beijing, Dusseldorf The US carmaker…
Price war among e-car manufacturers in China
Chinese auto executive Shen Yanan The co-founder and president of the electric car startup Li Auto is entering the price war with German car manufacturers in the Chinese market. (Photo:…