Mercedes-Benz has slashed suggested retail prices for select models in China by about 10%, reports Caixin. This comes amid pressure from retailers struggling with widespread losses and mounting inventory in the world’s most competitive auto market. The adjustment was confirmed by the auto dealers chamber of the All-China Federation of Industry and Commerce. The trade body, […]
Category: Autos
China will ban ‘hidden’ car door handles from 2027, reports Reuters. This makes the country the first country to phase out a design pioneered by Tesla and adopted by Chinese EV makers. The hidden handle design has drawn scrutiny in both the United States and China over potential safety risks. Chinese state media reported in October […]
Shares of BYD sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks, reports Reuters. This came after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into […]
China’s automobile sector posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, while profit growth failed to keep pace, sinking to a record monthly low of 1.8% in December 2025, dragging the full-year average to just 4.1%, reports Caixin. This is according to data released Tuesday by the China Passenger Car […]
China’s new energy vehicle (NEV) production jumped 25% to 16.52 million units in 2025, while output of internal combustion engine vehicles shrank 1% to 18.25 million. The as the automobile sector also posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, but profit margins were just 4.1%, well below the […]