Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.
In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.
Express News | Ideal autos established a sales and service company in Chifeng.
Progress on the Central and Eastern Europe electric automobiles anti-subsidy case: The Ministry of Commerce states that consultations are still ongoing.
Regarding the progress of the anti-subsidy case of Chinese and European electric automobiles, according to "Riyue Tan Tian" under CCTV, spokesperson He Yadong of the Ministry of Commerce responded that the Chinese and European technical teams have engaged in intensive consultations concerning the price commitment solution. After hard work, certain progress has been made, and the consultations are still ongoing.
Express News | Ideal 'car-to-car' intelligent driving starts full push.
Hong Kong stock concept tracking | In October, domestic electric heavy truck sales hit the highest level of the year, institutions bullish on the industry to usher in a turning point in volume (with concept stocks)
The new energy heavy trucks are welcoming a turning point in volume increase; focus on new forces, new ecology, and new growth.