Investors pressed Mercedes-Benz on its recovery plans for China on Thursday, reports Reuters, warning that a luxury-focused strategy could hurt the German brand’s chances of winning back Chinese consumers after a slump in sales. Like rivals BMW and Audi, Mercedes has lost ground in the world’s largest car market, struggling to keep pace with fast-moving local […]
Category: Manufacturing
China’s domestic auto sales plunged 23.1% year-on-year in the first two months of 2026 as reduced government stimulus and sweeping policy changes dampened consumer demand, reports Caixin. Overall domestic auto sales fell to 2.8 million vehicles in January and February, according to data released by the China Association of Automobile Manufacturers (CAAM). Domestic deliveries of new […]
Tesla’s China-made EV sales rose for a fourth month in a row in February, reports Reuters. This comes as a low comparison base from last year outweighed headwinds from seasonal factors. Sales of Model 3 and Model Y vehicles made in its Shanghai plant, including exports to markets including Europe, totalled 58,600 units last month, up […]
BMW will recall 147,830 vehicles in China over a manufacturing issue with the starter motor, which could result in difficulty starting the vehicle or in extreme cases “pose a fire risk,” reports Reuters, citing China’s market regulator. The recall will cover some imported BMW 2 Series, 4 Series, 5 Series, 6 Series, 7 Series, X4, X5, X6, […]
State-owned Commercial Aircraft Corporation of China (Comac), manufacturer of the C909 regional airliner and flagship narrowbody C919, recently infused RMB 634 million ($91.76 million) into C909 launch customer Chengdu Airlines, reports the South China Morning Post. Comac has a 48% controlling stake of the airline. Combined with funding from other sources, the injection has nearly tripled […]