Etiqueta: DongFeng
China strengthens auto supply chain: auto giants unite on 60-day payment...
MIIT urges stable payment practices as China’s major carmakers promise 60-day terms to ensure healthier, more resilient supply chains.
The post China strengthens auto supply chain: auto giants unite on 60-day payment policy backed by MIIT appeared first on CarNewsChina.com.
Chinese automakers including BYD, Geely, Xpeng pledge to shorten payment cycles...
China's major automakers and some new carmakers have pledged to shorten supplier payment terms amid concerns about supply chain security.
BYD: Will it become the next Evergrande?
Recently, the automotive industry has been in an uproar: Great Wall Motors' Chairman Wei Jianjun's statement "the Evergrande of the automotive industry already exists, it just hasn't exploded yet" instantly ignited public opinion. Although no names were mentioned, all eyes are on BYD, which has liabilities of 594.3 billion yuan. At the same time, BYD launched the largest price cut in history during the "618" shopping festival, with 22 models seeing discounts of up to 53,000 yuan, directly causing a major dip in the new energy vehicle sector. This move has made investors restless: on one hand, there's the overwhelming "Evergrande theory," and on the other, a fierce price war...
Exposing China’s ‘zero-kilometre used cars’: registered but never driven
Great Wall Motor’s Chairman Wei Jianjun slams carmakers for misusing registrations to inflate sales, feeding the zero-kilometer used car controversy
The post Exposing China’s ‘zero-kilometre used cars’: registered but never driven appeared first on CarNewsChina.com.
BYD Just Broke the EV Market — $7,700 Cars Set Off...
A ruthless discount blitz from BYD is shaking the foundations of China's auto industry and threatening mass consolidation
I Just Drove China’s Best-Selling Car, Which Has Been Totally Transformed...
The BYD Dolphin Surf is a subcompact electric hatchback. It is called Dolphin Mini in other export markets, including Mexico.
Chinese regulator gathers automakers to discuss zero-mileage used car sales, report...
China's commerce ministry will meet with industry bodies and automakers to discuss the sale of used cars that have never been driven, Reuters reported.
Exclusive-China regulator summons automakers to discuss ‘zero-mileage’ used car sales
SHANGHAI (Reuters) -China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss increasing sales of "used cars" that were never driven, a person with direct knowledge of the matter said. The meeting is set for Tuesday afternoon, the person said, speaking on condition of anonymity as details of the meeting were confidential. It comes after Great
Exclusive-China regulator summons automakers to discuss sale of ‘zero-mileage’ used cars
SHANGHAI (Reuters) -China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss an emerging trend of sales of "used cars" that were never driven, a person with direct knowledge of the matter said. The meeting is set for Tuesday afternoon, the person said, speaking on condition of anonymity. It follows last week's comments by Great Wall Motor's
BYD shares fall after wide-ranging price discounts
BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.
