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%.
34441 days ago
JAC Motors released its 2026 semi-annual performance forecast, estimating net loss attributable to parent company owners at approximately 740 million yuan, with loss narrowing by approximately 32.81 million yuan year-on-year. Recurring net loss is expected at approximately 986 million yuan. The performance change is impacted by intensified market competition, operating losses of affiliated companies, and foreign exchange fluctuations, with short-term turnaround pressure remaining.
60149 days ago
On May 26, 2026, Beijing conducted its new energy passenger vehicle quota allocation, with annual quotas approaching 160,000 units, of which individual quotas account for over 80%. While this policy action is a local regulation, it reflects the determination of China's first-tier cities to promote transportation energy transition. For Central Asian and Russian buyers following China's NEV policy direction, Beijing's policy choices often carry national风向标 significance.
56294 days ago
EX1000
