Why buy a new car when you can get a steep discount on a "used" one with no miles, at all? In an apparent effort to juice sales numbers and get product off of their lots, Chinese dealerships have been ...
China has been shipping new cars as 'used' overseas since 2019 Chinese state media condemned the domestic 'zero mileage' used car market But local Chinese governments actively promote it to meet ...
Mr. Dunne, a former General Motors executive, is an industry consultant who worked in China’s auto sector for more than two decades. You’ve probably heard of BYD. A middling player in the auto ...
BEIJING, Sept 30 (Reuters) - China's state news agency said on Tuesday some automakers were "drastically" inflating pre-sale orders, warning such a practice can mislead consumers and investors and ...
LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents ...