Navigation
Shop For Cars

Post New Year Price War Is On!

Published March 3, 2007 (Updated: March 3, 2007)

In 2018 China Car Times was acquired by Autowise. This article originally appeared on ChinaCarTimes.com.

The same as the period after Christmas and but before Easter is usually a dead period for new car sales in the West, in China the first few weeks after Spring Festival/Chinese New Year are always a bit dead, usually up until the Labor Day holiday on May 1st, however this year should be interesting.

GM have just ignited a price war by cutting prices on the Buick Excelle model from anywhere between 7,000 and 10,000rmb – Quite a good chunk of cash! When the Buick Excelle Sedan(pictured) HRV and the wagon went on sale, the prices were from 117,800rmb to 156,000rmb.

Shanghai GM managed to boost Excelle sales by 17% to 176,000 units last year (06) quite an increase China Car Times might say. In terms of sales, the Excelle was only just behind the VW Jetta in terms of sales in the mid to upper class sales sector in 2006.

Perhaps Buick are trying to sell off all of their old inventory prior to a big upgrade next year in 08.

Categories:

Tags:

Chris Riley
About Chris Riley

I have been wrecking cars for as long as I've been driving them but I keep coming back for more. Two wheels or four, I'm all in. GearHeads.org gives me a chance to give something back to the automobile community.

At Autowise, we envision ourselves as not just a automobile blog or an automobile news website, instead we see our website as a platform to connect all automobile enthusiast and provide them with all the information they need.

Office Address: AutoWise, 809 N 30th St. Rogers, AR 75756
Email[email protected]

© Copyright 2010 - 2018 AutoWise. All rights reserved.