Dongfeng Nissan has reduced the prices of three models, the official Shanghai Securities News reported, citing sources from the Sino-Japanese joint venture.
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Prices for the three models – the Teana midsize, the Tiida compact and the Sylphy luxury sedan – were reduced by up to 23,000 yuan per unit. The report did not provide details, XFN-Asia said.
The venture is targeting sales of 300,000 vehicles in China this year, the newspaper reported.
A number of car makers have slashed prices in China in recent months, citing growing competition.
