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.
3343 days ago
Japanese eight major automakers reported a combined 48% year-over-year decline in operating profit for FY2026, the steepest drop since the 2009 financial crisis. Meanwhile, Chinese brands' global sales share surpassed 35%, with an absolute dominance in the NEV segment. The global automotive industry's power center is accelerating its shift from traditional manufacturing giants to China—a structural transformation that carries significant implications for car buyers in Central Asia and Russia.
44153 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.
47653 days ago
EX1000
