Chinese automakers pledge to pay suppliers faster as price wars intensify
Beijing has cracked down amid fears that cut-throat competition is hurting industry
Beijing has cracked down amid fears that cut-throat competition is hurting industry

Beijing has acted to ease stresses of a damaging price war with carmakers pressed to settle invoices within 60 days

Western groups embark on cultural shifts to slash development times and costs as competition mounts

Carmakers fear falling behind on scale and technology even as profit margins drop and officials lambast extreme discounting

World’s biggest operator, Wallenius Wilhelmsen, aims to boost revenue by helping newer Beijing brands expand overseas

Beijing’s success in snarling supply chains with rare earths has shifted the balance of power in trade talks

About 100 automakers need to be ‘pushed out’, says world’s largest electric-vehicle producer