Volkswagen joins the price war in China’s auto market
Volkswagen joins the price war in China’s auto market

Volkswagen joins the price war in China’s auto market

 

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FAW-Volkswagen, a joint venture between Chinese auto maker FAW and Volkswagen, is offering discounts of up to 40,000 yuan ($5,820) on the ID. family of models, with the lineup starting at 174,900 yuan, according to a post on the company’s social media Weibo.

FAW-Volkswagen is also offering consumers a free camping kit worth 4,900 yuan, according to the post. The offers are for a limited time, but no expiration date is provided.

Meanwhile, SAIC-Volkswagen, another Volkswagen joint venture in China, is also offering discounts for the ID. series EVs.

The company is offering discounts of up to 30,000 yuan on the ID. series pure electric vehicles, and consumers can also receive up to 10,000 yuan worth of other benefits, according to a post.