Domestic Brands

BBA Profit Margins Collapse: Mercedes Passenger Car Profits Plunge 66%

Volkswagen, Mercedes-Benz, and BMW all reported disappointing H1 2026 results. Mercedes passenger car EBIT plummeted 66.2%, BMW's vehicle margin dropped to just 3.2%, and Audi's revenue fell 10.4%. Weak Chinese demand was the key factor behind the synchronized decline.

3851 day ago

15 Automakers Gather in Yangzhou to Discuss Export Strategy: How to Address Supply Chain Risks?

On July 15, CAAM-guided export supply chain risk seminar hosted by Yangjie Technology was held in Yangzhou. 15 automakers including FAW, Dongfeng, Changan, SAIC, GAC, Chery discussed export challenges. China's auto exports reached 7.098M units in 2026, domestic brand share 69.5%. EX1000.COM

47314 days ago

5 Million Units Lost in 5 Years! Foreign Automakers' China Share Falls Below 30%

H1 2026 China passenger vehicle data shows domestic brands at 71.8% share, foreign brands at just 28.2%. Over five years, foreign brands lost approximately 5 million units in sales volume, marking a fundamental reversal in China's auto market structure.

35317 days ago

Dongfeng's You Zheng: China's Auto Market Leads for 17 Years with Three Core Advantages

At the 2026 China Auto Forum opening on July 22 in Shanghai, Dongfeng Motor Group VP You Zheng delivered a keynote speech systematically outlining China's historic leap from follower to leader in the automotive sector.

31219 days ago

China Leads Global Auto Production for 17 Consecutive Years, NEV Dominance for 11

The 2026 China Auto Forum opened in Shanghai with the theme "New Beginning, New Opportunities, New Journey." You Zheng, VP of Dongfeng Motor Group, delivered a keynote speech highlighting China's 17 consecutive years of leading global vehicle production and 11 years of NEV leadership. He identified intelligence, decarbonization, convergence, and globalization as the four major trends reshaping the industry.

29119 days ago

China's Auto Sales Reach 15.017 Million Units in H1 2026, NEV Penetration Nears 50%

CAAM data shows China's auto sales reached 15.017 million units in H1 2026, with NEV market share at 49.6%. Domestic brands surged to 75.5% of the passenger vehicle market, while German brands fell below 10% for the first time.

43726 days ago

June Auto Sales Hit 2.81M Units, Up 6.9% MoM; NEV Penetration Nears 60%

China's auto sales reached 15.017 million units in H1 2026, down 4.1% YoY but with a narrowing decline. June NEV sales hit 1.643 million units with 58.5% penetration; domestic brands reached a historic 75.5% share while German brands fell below 10% for the first time.

46326 days ago

China's NEV H1 Penetration Exceeds 57%, Domestic Brands Fully Dominate

In the first half of 2026, China's NEV market showed structural divergence. NEV penetration has stabilized above 57%, with domestic brands fully dominating. BYD, Geely, and Leapmotor have widened their lead through multi-brand portfolios, global exports, and full-category layouts. The industry has ended the universal growth era, with premiumization, globalization, brand stratification, and self-developed technology becoming the four core variables determining growth ceilings.

54634 days ago

Fuel Vehicle Sales Plummet While Domestic Brands Show Resilience as Market Structure Accelerates Restructuring

Latest market data shows that traditional fuel vehicle sales have declined significantly in June 2026, but domestic brands have demonstrated strong market resilience thanks to early positioning in the new energy segment. CPCA data indicates that the new energy retail penetration rate reached **63.9%** in the first two weeks of June, hitting a record high and signaling that China's auto market is undergoing unprecedented structural transformation.

41543 days ago