Automakers still cannot bypass Huawei.

Automakers must develop distinctive characteristics.

wallstreetcn20:10

VOYAH AUTO: DATE OF BOARD MEETING

HKEX18:42

China Association of Automobile Manufacturers: New energy vehicle sales in mainland China rose 23.7% year-on-year in July.

The China Association of Automobile Manufacturers released data on automobile production and sales for July. During the month, vehicle production and sales reached 2.573 million and 2.584 million units, respectively, down 6.8% and 8.0% month-over-month, and down 0.7% and 0.3% year-over-year. For the first seven months of the year, cumulative production and sales totaled 17.567 million and 17.602 million units, respectively, each declining by 3.7% year-over-year, with the rate of decline narrowing further compared to the first half of the year. In the new energy vehicle (NEV) segment, exports in July amounted to 553,000 units, up 5.7% month-over-month and 1.5 times higher year-over-year. Exports of conventional fuel-powered vehicles totaled 490,000 units in July, down 4.6% month-over-month but up 40% year-over-year. NEV exports for the first seven months reached 2.9 million units.

AASTOCKSAug 12 15:27

More than 70% of listed automakers reported year-on-year growth in July sales; CPCA: Domestic auto market faces seasonal pressure, while exports play a significant stabilizing role

① According to data released by the Passenger Car Association, retail sales of passenger vehicles nationwide totaled 1.461 million units in July, down 20.9% year-over-year and down 8.8% month-over-month. ② Retail sales of new energy passenger vehicles reached 951,000 units in July, down 3.9% year-over-year, accounting for a penetration rate of 65.1%. ③ In July, exports of passenger vehicles (including complete vehicles and CKD kits) amounted to 918,000 units, up 87.8% year-over-year and up 4.9% month-over-month.

cls.cnAug 11 18:43

China Passenger Car Association: In July, national passenger vehicle retail sales declined by 20.9% year-on-year, while new energy passenger vehicle retail sales fell by 3.9%.

According to the China Passenger Car Association (CPCA), retail sales of passenger vehicles nationwide totaled 1.461 million units in July, down 20.9% year-over-year and down 8.8% month-over-month. Cumulative retail sales for the year through July reached 10.173 million units, representing a 20.3% year-over-year decline. The domestic passenger vehicle market in July exhibited a trend characterized by 'persistent downward pressure on overall volume, continued monthly weakening, and extreme structural divergence,' with typical seasonal weakness prominently evident and industry-wide structural adjustments deepening further. Retail sales of new energy vehicles (NEVs) in July declined 3.9% year-over-year, including a 4% drop for domestic brands, a 36% increase for mainstream joint ventures, and a 23% decline for luxury brands. Domestic retail sales of affordable electric vehicles from domestic automakers were significantly impacted by the sharp reduction in government subsidies.

AASTOCKSAug 11 16:35

Major Broker: Bank of America Securities' Investment Ratings and Target Prices for Automotive, Auto Parts, and Dealer Stocks (Table)

Bank of America Securities has published a research report listing the investment ratings and target prices for automotive, parts, and dealer stocks as follows: Stock | Investment Rating | Target Price BYD (01211.HK) | Buy | HK$119 → HK$123 Geely Auto (00175.HK) | Buy | HK$29.3 → HK$27.3 Chery Automobile (09973.HK) | Buy | HK$38 → HK$34 XPeng Motors (XPEV.US) | Buy | US$25 → US$19 XPeng Motors (09868

AASTOCKSAug 5 15:27