Joint Ventures

China PV Retail Hits 628K in First Half of August, NEV Penetration at 63.6%

From August 1-16, 2026, China's passenger vehicle retail reached 628K units, down 22% YoY. NEV retail hit 400K units with penetration reaching a record 63.6%.

25840 days ago

China Dealer Inventory Coefficient Falls to 1.48 as July Auto Market Faces Seasonal Headwinds

The China Automobile Dealers Association (CADA) reported a dealer inventory coefficient of 1.48 for July 2026, down 6.3% month-over-month but up 9.6% year-over-year. The passenger vehicle market remained sluggish due to seasonal factors, with nationwide retail sales reaching 1.506 million units and total inventory at approximately 2.2 million vehicles. High-end brands saw the largest inventory decline as market divergence intensified.

48845 days ago

China's Passenger Car Retail Hits 1.46M Units in July; Domestic Brands Break 71% Share

China's passenger car retail sales reached 1.461 million units in July 2026, down 20.9% year-on-year. Domestic brands captured 71% market share, while NEV penetration hit a historic high of 65.1%. Joint venture NEV sales grew 36% against the trend, with exports accelerating to 143,000 units, becoming a new variable in the industry reshuffle.

52347 days ago

XPeng Leads NEV Decline, BYD's Domestic Sales Drop 40%

In the first half of 2026, China's passenger vehicle retail sales reached only 8.701 million units, down 20.2% year-on-year. Domestic brands' market share climbed to 71.8%, while joint ventures fell across the board, with Honda's sales declining 34.7%.

43073 days ago

H1 Net Loss of RMB 4.06B-4.57B! GAC Group Loss Nearly Doubles in Scale

GAC Group released its H1 2026 earnings forecast, expecting a net loss of RMB 4.06B-4.57B, nearly double year-over-year. NEV transition investments in proprietary brands continue to grow, while JV brand profits shrink significantly. The traditional "volume-for-profit" logic has broken down.

49776 days ago

Joint Ventures

China PV Retail Hits 628K in First Half of August, NEV Penetration at 63.6%

China Dealer Inventory Coefficient Falls to 1.48 as July Auto Market Faces Seasonal Headwinds

China's Passenger Car Retail Hits 1.46M Units in July; Domestic Brands Break 71% Share

XPeng Leads NEV Decline, BYD's Domestic Sales Drop 40%

H1 Net Loss of RMB 4.06B-4.57B! GAC Group Loss Nearly Doubles in Scale

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