It was started with the launch of Denza D9 which was priced almost half of Toyota Alphard's price. Not only it negatively affects sales of a new Toyota Alphard, but it also wrecks the price of secondary market of Toyota Alphard.
Now it also happens with Honda, which just cut price of its newly launch Honda HRV Hybrid due to competition from chinese cars. This price cut also badly affects price of Honda HRV in secondary market.
I'm really deeply concerned with what is going to happen in the car business in Indonesia in the next 5 years.
$ASII $IMAS $ERAL