Volkswagen forced lower prices again

The discount battle in the Chinese car market goes into the next round. As Nikkei Asia reports, Volkswagen offered special deals of up to 60,000 yuan (a good 7,600 euros) for nine different SUV models in August. In July, VW already considerably lowered the price of its basic electric model ID.3 – by 37,000 yuan (a good 4,500 euros) to an entry-level price starting at 125,900 yuan (just under 16,000 euros).