Chinese automakers hope Shanghai debuts will cool Tesla-led price wars

Nio Shanghai show 2023 — Nio's stand at the 2023 Shanghai auto show. Nio is bracing for lower volumes it tries to sit out the price war. (REUTERS)

April 21, 2023 08:06 AM

SHANGHAI -- Chinese automakers are hoping that the Shanghai auto show will ease the industry's price wars by generating customer excitement for new models.

Featured Stories

Trump pushes for auto loan interest deductions for U.S.-made models

Dealership buy-sell database updates: Details on 11 deals across 10 states

Why UAW President Shawn Fain doesn’t buy industry’s tariff fears, predicts more jobs

Tariff threat likely spooked consumers and drove March, Q1 U.S. sales gains

Latest News

Auto industry begins scramble to mitigate tariff disruptions

Dealership buy-sell database updates: Details on 11 deals across 10 states

NHTSA opens probe into more than 2 million Honda vehicles over engine restarting concerns

U.K. could target Tesla subsidies in response to Trump tariffs on JLR, Rolls-Royce, Aston Martin

Staying current is easy with newsletters delivered straight to your inbox.

See More in Shanghai Auto Show

Five Chinese stars of the Shanghai show

Lexus LM minivan to launch in Europe as Mercedes V-Class rival

Chinese automakers hope Shanghai debuts will cool Tesla-led price wars

BMW's Mini apologizes for ice cream melee at Shanghai show

Staying current is easy with newsletters delivered straight to your inbox.