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Lynk & Co 03+ TCR Shanghai: 9 Cars, 4 Owner-Drivers

Lynk & Co 03+ TCR Shanghai: 9 Cars, 4 Owner-Drivers

On September 13, nine Lynk & Co 03+ TCR cars took to the same track at the TCR China Shanghai round, four of which were driven by owners including Pan Dejun, Li Guanghua, Fu Guxiang, and Wang Tao. The car has an official price of 1.4 million yuan, and the first batch of 10 was delivered in April this year. The article notes that customer racing buyers are expanding from professional teams to individual drivers. Beyond the 1.4 million yuan, long-term support is also needed for race entry, transportation, engineering setup, spare parts, and accident repairs. Whether the manufacturer can maintain stable service across multiple seasons is more critical than single-round lap times.

25442 days ago

BBA Reassesses China Market: German Luxury Brands See Profits Plunge, Strategic Retrenchment Accelerates

In H1 2026, the German luxury trio (BBA) continued to underperform in the Chinese market. Hit by intensifying NEV competition, price wars, and declining brand premium power, BBA's sales and profits in China saw significant declines. Audi's depreciation rate surged over 10% from the beginning of the year, with some models seeing dealer quotes 100,000-150,000 yuan below MSRP. Mercedes and BMW face similar pressures of halved profits and declining sales. BBA is transforming from a "profit cash cow" to a "strategic burden," entering a full retrenchment cycle in China.

431113 days ago