Many mainstream automakers in China, including SGM, VW, FAW and DFL, launched a new round of price wars this March to promote sales. Hot-selling models, like Excelle, Jetta , Sagitar, Golf , Polo and Passat GP, all saw big price cuts. Even Shanghai Maple Automotive Company (SMA), who is famous for its stable prices, also cut prices of its lineup of models by 2,000 to 8,000 Yuan, including the Haiyu, Haixun and Haishang, and Haiyu1.3L is sold at only 41,888 Yuan.
This is the largest scale price adjustment occurrence in Maple's history. SMA aims to form a trust-worthy middle-class auto manufacturer with distinctive Shanghai style.
