Car companies in Bengbu city have generally adjusted their prices to varying degrees. The specific price cuts depend on the policies of manufacturers and stores. Da Qingfeng, secretary-general of the Bengbu Automobile Sales Industry Chamber of Commerce, said, "The wave of price cuts in Hubei has a certain impact on the current automobile market in Bengbu. Most of the car companies in Bengbu have now lowered their prices, and some models have experienced relatively large price declines. "
The marketing staff of the Cadillac 4S store in Bengbu (Northern Anhui) International Automobile City said that take the CT6 model, for example, the maximum discount can reach 130,000 yuan, for those consumers who are eligible for policies of the store, such as teachers, as well as medical care, financial services staff, builders, etc. The price cuts, while are in normal ranges for most models, can be more significant for the more difficult-to-sell models. For example, models such as PHIDEON, can enjoy a current discount of up to 70,000 yuan.
However, a relevant person in charge of the local Baolifeng Automobile said that the impact of price cuts on luxury car brands is not obvious. For example, the company has not received notice of a significant price cut on the BMW i3 model. There were rumours that BMW i3 could cost only 120,000-180,000 yuan in full payment plus subsidy.
