Chinese carmakers piling pressure on UK rivals, auto industry chief says

LONDON, July 30 : A wave of Chinese entrants into Britain's car market is piling pressure on traditional manufacturers, forcing them to offer deeper discounts to compete with lower-cost imports, the head of the country's main automotive industry body said on Thursday.Chinese brands have rapidly expanded their presence in Britain in recent years, winning market share with competitively priced electric and plug-in hybrid models and intensifying competition for established automakers."In terms of the volume, they're under extraordinary pressure because the Chinese can produce good vehicles at a cheaper cost," the Society of Motor Manufacturers and Traders CEO ​Mike Hawes told reporters at a briefing on Thursday."There's a lot of discounting going on in the market ... That's basically to try a