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EXPERTS EXPECT FIERCER COMPETITION IN CHINA'S CAR MARKET.
BEIJING, Oct 2 Asia Pulse - Competition in China's car market is expected to become increasingly fiercer in the fourth quarter of this year when a large-scale price war is likely. An expert with the China Automotive Technology Research Center blamed the acceleration of competition in the car market to many factors including launch of a big number of new car models, increase of auto inventory, and in turn break of price balance.
At a recent symposium, the expert said that domestic carmakers have launched about 20 new models this year, and several more are expected to be put on the market in the last three months of the year. Furthermore, about 100 modified models have been put on the market. The emergence of new models has narrowed the market space for the existing models, forcing them to promote sales by cutting prices and in turn trigger ...
- GM offering discounts, rebates
- Newspaper article from: Chicago Sun-Times January 24, 1987 700+ words
...lost in the battle for the domestic car market, fired a second shot yesterday by effectively cutting prices with discounts and rebates on many...rebates are a less obvious way of cutting prices, which GM raised during 1986 as the...
- GM FOLLOWS WARRANTY MOVE WITH DISCOUNTS AND REBATES
- Newspaper article from: Post-Tribune (IN) January 24, 1987 700+ words
...General Motors Corp., trying to regain ground it has lost in the battle for the domestic car market, fired a second shot Friday by effectively cutting prices with discounts and rebates on many models. The move followed GM's announcement Thursday...
- Beware of cutting prices. (Marketing)
- Magazine article from: Modern Casting Warden, T. Jerry December 1, 1989 700+ words
Beware of Cutting Prices To many sales and marketing people in our industry, cutting prices is a good alternative to the considerable...by high margins. When business is bad, cutting prices usually only makes things worse. Sales...
- Expect Intel to keep cutting prices for low-cost Celeron microprocessors.
- Magazine article from: Purchasing April 22, 1999 700+ words
Expect Intel to keep cutting prices for low-cost Celeron microprocessors, in an effort to keep the heat...suppliers to introduce faster versions of the chip later this year, while cutting prices for older, slower Celeron chips.
- Poland's top refiners, PKN Orlen, Lotos seen cutting prices further Friday.
- Newspaper article from: Poland Business News August 17, 2006 700+ words
Poland's top refiners, PKN Orlen, Lotos seen cutting prices further Friday WARSAW. AUGUST 17. INTERFAX CENTRAL...Thursday. At the same time, Grupa Lotos is seen cutting prices on their products by PLN 10.00/1,000 liters...
- Cutting prices alone won't cut it; try frozen food displays and ads....
- Magazine article from: Quick Frozen Foods International January 1, 1992 700+ words
Supermarket Merchandising Cutting Prices Alone Won't Cut It; Try Frozen Food Displays and Ads Frozen products generate more volume than other food categories when promoted...
- Cutting prices can destroy your business: the cosmetic industry can learn from...
- Magazine article from: Global Cosmetic Industry Wynne, Michael December 1, 2005 700+ words
...to get sales that could well be the image you're creating. To avoid the going-out-of-business sale image, stop cutting prices. Teach your salespeople how to beat the price objection. Not the Lowest Cost Supplier? Should You Compete on Price...
- Why cutting prices can be financial suicide.(Measuring Up)
- Magazine article from: Roofing Contractor Porter, Monroe March 1, 2008 700+ words
...confidence and gives them the courage to charge more. Crunching the Numbers In most situations, the pure mathematics of cutting prices does not make sense. This is particularly true in a slower market where there are fewer jobs to go after. To drive this...
