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Car buyers are demanding lower prices and better tech. Automakers must deliver both

CNBC Economy·October 21, 2026·1 min read
Car buyers are demanding lower prices and better tech. Automakers must deliver both

Bain research shows tech leads purchase considerations for cars in China, while price remains the top factor in the U.S. and Europe. This divergence pressures Western automakers to deliver both lower prices and better technology to remain competitive in global markets, according to the consulting firm's analysis.

Read at CNBC Economy
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