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Wall Street set for tepid start to week ahead of inflation numbers

Wall Street set for tepid start to week ahead of inflation numbers
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NIO Stock Alert: China Auto Group Cancels Key Pact

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Over the weekend, the China Association of Auto Manufacturers retracted a pledge to avoid…

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China s auto group retracts pledge to avoid abnormal pricing

The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal pricing" made two days earlier by 16 automakers, including Tesla.. Thursday's CAAM-organised pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signalling a truce in a price war that has threatened industry-wide profitability. But Elon Musk's EV giant Tesla on Friday rolled out a global programme letting buyers get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Zhang yanWilliam mallardBrenda gohMinistry of industryInformation technologyChina association of auto manufacturersChina associationAuto manufacturers

China s auto group retracts pledge to avoid abnormal pricing | WKZO | Everything Kalamazoo

SHANGHAI (Reuters) - The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal prici.

Zhang yanBrenda gohWilliam mallardInformation technologyChina association of auto manufacturersMinistry of industryChina associationAuto manufacturers

China s auto group retracts pledge to avoid abnormal pricing

China s auto group retracts pledge to avoid abnormal pricing
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Zhang yanWilliam mallardBrenda gohMinistry of industryInformation technologyChina association of auto manufacturersChina associationAuto manufacturers