Express News | SAIC Motor Corporation Limited and others have established an emerging industries fund in Suzhou.

BreakingsJul 17 10:31

China NEV Retail Sales Fall 8% in First 2 Weeks of July as Penetration Reaches 63.1%

CnEVPostJul 15 17:48

As vehicle iteration accelerates, automakers are finding it increasingly difficult to recoup their investments.

The challenge of profitability.

wallstreetcnJul 15 02:25

Chevrolet sold only one vehicle in China in June—could it really be leaving?

GLH News, July 14 | According to statistics from multiple automotive websites, Chevrolet, a brand under SAIC-GM, recorded retail sales in China of only single-digit units in June. Some platforms reported monthly sales of just one unit—the Chevrolet Equinox—while others indicated sales of three units, including two additional Malibu XL models. Given the differing data collection methodologies, such discrepancies are unsurprising. More notably, however, Chevrolet’s total sales for the second quarter also amounted to only single digits. Even based on the highest reported retail sales figure among available platforms, its total Q2 sales reached merely 14 units. Consequently, some netizens commented, 'Exiting [the market]'

Gelonghui FinanceJul 14 21:13

JPMorgan downgrades GAC Group to 'Underweight'; its H2 preferred ranking is Geely, Nio, BYD.

JPMorgan published a research report, expecting that mainland China’s auto market demand will not see a meaningful recovery in the second half of the year, primarily due to weak consumer confidence. The bank therefore believes that any additional policy stimulus measures introduced in the second half of 2026 may still have limited effectiveness. Following a 23% year-on-year decline in domestic passenger vehicle demand in the first half of 2026, the bank forecasts that demand in the second half will remain at or below seasonal levels, although the year-on-year decline is expected to narrow to approximately 10%. The focus in the mainland market has shifted to the relative growth trajectory of new energy vehicles (NEVs) after their penetration rate hit a record high of 63% in June. Automakers with competitively positioned NEV models, for example

AASTOCKSJul 14 12:13

Cui Dongshu: In June, automobile manufacturers reported relatively stable sales growth, while the performance of new energy vehicles remained weak.

In June, the performance of new energy vehicles was weak, while the automotive export market continued to strengthen. Manufacturer inventories contracted slightly, and there was no sign of industry-wide inventory destocking.

Zhitong FinanceJul 11 17:32