{"id":470307,"date":"2026-02-10T09:37:14","date_gmt":"2026-02-10T09:37:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/470307\/"},"modified":"2026-02-10T09:37:14","modified_gmt":"2026-02-10T09:37:14","slug":"chinas-car-price-war-cost-industry-as-much-as-68bn-in-3-years","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/470307\/","title":{"rendered":"China&#8217;s car price war cost industry as much as $68bn in 3 years"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/automobiles\/electric-vehicles\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Electric vehicles<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Report suggests Beijing&#8217;s curbs are working as automakers shift to subtle discounts<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/6\/1.jpeg\" alt=\"20260210 byd\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">BYD&#8217;s Qin L DM-i vehicle is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in the middle of the industry&#8217;s brutal price war. \u00a9 Reuters<\/p>\n<p>GLORIA LI<\/p>\n<p>February 10, 2026 14:20 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">HONG KONG &#8212; A bruising price war in China&#8217;s auto market wiped out up to more than 471 billion yuan ($68 billion) in industrywide revenue over the past three years, a new research report estimates.<\/p>\n","protected":false},"excerpt":{"rendered":"Electric vehicles Report suggests Beijing&#8217;s curbs are working as automakers shift to subtle discounts BYD&#8217;s Qin L DM-i&hellip;\n","protected":false},"author":2,"featured_media":470308,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[240238,136952,64,63,99,5865,46290,41262,164,1695,9682,12638,6900,32388],"class_list":["post-470307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-68bn","tag-136952","tag-au","tag-australia","tag-business","tag-car","tag-chinas","tag-cost","tag-economy","tag-industry","tag-much","tag-price","tag-war","tag-years"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/470307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=470307"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/470307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/470308"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=470307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=470307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=470307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}