Second-tier luxury brands have reduced prices significantly, with the entire Cadillac XT5 series reduced by RMB 100,000, and the Infiniti QX55 reduced by 55%

Second-tier luxury brands such as Cadillac and Infiniti have seen significant price cuts. The entire Cadillac XT5 series has seen a price cut of RMB 100,000, while the Infiniti QX55, which originally cost around RMB 450,000, now only costs RMB 250,000, a 55% discount.