BYD Reports 16% Decline in First-Half 2026 Sales Amid China EV Subsidy Changes
Chinese automaker BYD experiences its first January-June sales drop in six years, citing shifts in domestic electric vehicle subsidies.
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Chinese automaker BYD experiences its first January-June sales drop in six years, citing shifts in domestic electric vehicle subsidies.
Showing 1-24 of 525 articles.
world
Following a study trip to Hangzhou, Singapore retailers are restructuring teams, investing in technology, and redesigning stores to enhance customer engagement and sales.
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business
Despite a 60% sales decline over five years, Honda Motor renews its partnership with China's Guangzhou Automobile Group, signaling continued commitment to the Chinese automotive market.
Nikkei Asia | Jul 20, 2026, 11:41 PM
business
Sales of major consumer goods like cars, air conditioners, and TVs dropped sharply in China last month, intensifying calls for government stimulus amid weakening consumer sentiment.
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world
In the first five months of 2026, Brazil surpassed Russia and Belgium to lead global imports of Chinese vehicles, driven largely by electric and hybrid models amid tariff changes.
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world
Federal Reserve Chair Kevin Warsh reaffirms commitment to reducing inflation despite divided committee and no rate changes.
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business
BAIC Motor anticipates a significant net loss for H1 2026 as Mercedes-Benz's China sales decline amid intensifying market competition.
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world
The Shanghai Clearing House aims to strengthen Shanghai's role in offshore yuan derivatives clearing and support yuan internationalisation through expanded clearing services and regulatory reforms.
South China Morning Post World | Jul 29, 2026, 12:04 AM
world
The vetting process of an ICE officer involved in a fatal shooting in Maine is under scrutiny following revelations of the officer’s mental health and behavioral history.
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world
Mary Lovely warns that increased car production in America due to tariffs may not translate into more jobs because of automation.
Al Jazeera | Jul 23, 2026, 12:44 AM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 AMworld
At the 2026 Franco-German Ministerial Council, Germany and France aligned on addressing the growing economic challenges posed by China, calling for stronger EU trade defense measures.
South China Morning Post World | Jul 20, 2026, 12:58 PMbusiness
The Tokyo-based automaker renews its partnership with Guangzhou Automobile Group for an additional decade amid sluggish sales and an approaching contract expiry.
Nikkei Asia | Jul 20, 2026, 7:40 AMbusiness
Hongqi’s top-tier model Guoli, unveiled at the Beijing Motor Show, leads China’s ultra-luxury car market amid rising patriotic consumption.
Nikkei Asia | Jul 20, 2026, 6:24 AMworld
The UK government’s takeover of British Steel has sparked a dispute with China, with Jingye Steel seeking compensation for investment losses amid concerns over national security and investor confidence.
Al Jazeera | Jul 19, 2026, 3:24 PMbusiness
Casio Computer sees growing momentum in its stock driven by the popularity of its Casio Watch series, even as its G-Shock line faces declining sales in China.
Nikkei Asia | Jul 19, 2026, 5:54 AMworld
The company plans to move its consumer electronics headquarters from New Jersey to Texas by the end of 2026, affecting workforce structure.
CNA Latest News | Jul 18, 2026, 11:19 PMworld
Despite a 10% rise in retail sales in early 2026, Hong Kong faces a wave of shop closures with tenants pleading for significant rent cuts while landlords offer limited relief.
South China Morning Post World | Jul 17, 2026, 12:37 AMworld
China criticizes US legislative efforts to restrict access to advanced chips, warning of disruptions to global industrial networks amid escalating tech tensions.
South China Morning Post World | Jul 16, 2026, 8:07 PMbusiness
China’s largest memory chipmaker aims to raise over $8.54 billion in a record IPO as Nvidia tightens AI chip sales in Asia under U.S. pressure.
Nikkei Asia | Jul 16, 2026, 8:41 AMworld
Weak domestic demand and rising oil prices linked to the Iran war overshadow strong export gains in China’s second quarter.
BBC World | Jul 15, 2026, 5:33 AM
business
The World Artificial Intelligence Conference in Shanghai showcases record participation amid China's AI progress, while South Korea's central bank eyes interest rate hikes amid currency weakness.
Nikkei Asia | Jul 12, 2026, 11:34 AM
business
China’s World Artificial Intelligence Conference draws record participation amid global AI governance debates, while South Korea’s central bank signals interest rate hike amid economic shifts.
Nikkei Asia | Jul 12, 2026, 7:29 AM
world
Following industry backlash, Hong Kong reduces mandatory medical check-up frequency for commercial drivers aged 65 to 69, aiming to balance road safety and driver welfare.
South China Morning Post World | Jul 10, 2026, 6:44 PMShowing 1-24 of 525 articles.