Tai Mei Ti A P P·2025-06-02 23:42Group 1 - The core viewpoint of the article emphasizes the importance of maintaining fair competition in the Chinese automotive industry, particularly in the rapidly growing electric vehicle sector, where new car sales of electric vehicles have exceeded 40% [2][3] - The China Association of Automobile Manufacturers (CAAM) has issued an initiative urging all companies to adhere to fair competition principles and avoid monopolistic practices that harm other businesses [2][3] - The initiative highlights that the recent decline in industry profitability is largely due to chaotic price wars, which disrupt normal business operations and threaten the safety of the supply chain [2][3] Group 2 - The CAAM's initiative calls for companies to conduct self-examinations and rectifications in accordance with national laws and regulations, particularly regarding pricing strategies and advertising practices [2] - The association warns that the ongoing price wars, initiated by a specific automaker's significant price cuts, could further squeeze profit margins and negatively impact product quality and after-sales service [2][3] - The initiative stresses the need for continuous investment in product after-sales service and innovation to ensure the healthy development of the industry [2][3]