High-end car sales sink in China as cheaper brands trump European marques

  • Posted on December 14, 2025
  • By South China Morning Post
  • 28 Views
High-end car sales sink in China as cheaper brands trump European marques

Many buyers were swayed by a 20,000 yuan (US$2,830 ) trade-in subsidy offered by the government for purchasing electric and plug-in hybrid vehicles.
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South China Morning Post

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