China's BYD sets negotiable price reduction targets for suppliers

By Reuters   |   1 year ago
China's BYD sets negotiable price reduction targets for suppliers

BEIJING (Reuters) - Chinese automaker BYD has set negotiable price reduction targets for suppliers of large-scale purchases, a BYD executive's post on social media platform Weibo shows.

The notice was posted on the Weibo account of BYD's Group-Brand and Public Relations Department general manager.

BYD did not immediate respond to a request for comment.

(Reporting by Liz Lee and Beijing newsroom; Editing by Sonali Paul)

Did you find this insightful?