China's slowing car market is driving into the new year with a new round of price cuts. FAW Car Co. Ltd, the Shenzhen-listed arm of China's top vehicle producer First Automotive Works, has slashed the price of Mazda6 sedans produced under technical licensing deals with Mazda Motor Corp. by RMB25,000-RMB40,000 ($3,020-$4,830), the China Daily reports. Tianjin FAW Xiali Automobile Ltd., which builds Toyota Motor Corp.'s Vios and Corolla sedans, has axed the price of its Vizi and Vela ...
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