CHINA

[BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need for companies like electric carmaker BYD in America. 

Deals drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024

Customers buying Dongfeng Nissan’s Sylphy Classic model will need to make a daily repayment of as low as 27 yuan over 8 years

China EVs have brought price wars, consumer uncertainty and infrastructure concerns 

The top 10 manufacturers, brands and models of the world’s largest auto power

Its construction industry may be struggling, but the nation’s heavy machinery giants are in global expansion mode

Offering from the Geely-owned commercial vehicle brand features technology normally found in passenger EVs

15,493 vehicles are from Chinese EV maker’s flagship premium EV line, while 5,082 are from its family-oriented Onvo brand

This comes even as the country’s sales force is downsizing as part of the US company’s global layoffs