World News Insights
1-3 Minute Gist

All Topics Article

China Pressure Brings Jaguar Land Rover Price Cuts

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
China Central Television (CCTV) in August 2013 cited the high prices charged for luxury car models in China. One report on CCTV gives the price of a luxury sport utility vehicle such as a Land Rover as 1.89 million yuan or $305,000 in China, while the same model could be purchased for $87,000 in the U.S. Land Rover agreed to a price reduction after investigation by the pricing and antimonopoly division of NDRC. Range Rover 5.0 V8 with a price tag of 2.89 million yuan will now sell for 2.65 million yuan. Considering the prices currently charged the price reductions of upto $32,000 still means prices are extremely high. Consultancy Automotive Foresight analysts say market forces have a bigger impact and the models chosen for the price reduction are not high volume models. A bigger impact it says would come on car models where the demand is high.

Scrutiny of automobile companies in China by the pricing and antimonopoly division of the National Development Reform Commission

07/28/2014

Grouped Articles

Audi Cuts Prices of Spare Parts in China

Wall Street Journal 07/28/2014

China Pressure Brings Jaguar Land Rover Price Cuts

Wall Street Journal 07/29/2014

Jaguar Land Rover (JLR) management

01/17/2014

Grouped Articles

Jaguar Land Rover Nips at BMW's Heels

Wall Street Journal 01/17/2014

China Pressure Brings Jaguar Land Rover Price Cuts

Wall Street Journal 07/29/2014

Indian Automaker Tata Aims to Restore Jaguar’s Cachet in U.S.

New York Times 09/03/2015

Jaguar Land Rover China

07/29/2014

Grouped Articles

China Pressure Brings Jaguar Land Rover Price Cuts

Wall Street Journal 07/29/2014

Indian Automaker Tata Aims to Restore Jaguar’s Cachet in U.S.

New York Times 09/03/2015


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us