A screenshot of an e-mail purportedly from the Shenzhen-based car giant was circulating on social media on Nov 27, demanding 10 per cent price cuts from an unnamed supplier from January.
"Annual bargaining with suppliers is a common practice in the automotive industry," Mr Li Yunfei, BYD's public relations and branding director, said in response to the e-mail on Nov 27.
"We put forward price reduction targets to suppliers," he added. "They're not mandatory requirements. We can negotiate."
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