Volkswagen fuels Chinese pricewar with 30% cuts on ID.4
September 06, 2023
“We don’t partake in price wars; it is unsustainable,” said Thomas Schäfer, boss of the VW brand at the IAA Mobility 2023 in Munich. He bluntly forgot about his company’s operations in China. After a sales revival for the discounted ID.3, Volkswagen’s Chinese joint venture VW-FAW is repeating the move for its sibling ID.4. Today, […]