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German legacy automakers are rapidly losing ground to domestic electric vehicle brands in China due to outdated software and uncompetitive pricing strategies.

Retail sales declined for the first time since December 2022, dropping 0.6% from a year earlier. China's urban fixed-asset investment contracted 4.1% as of end-May, dragged by real estate and ...

The China Passenger Car Association lowered its 2026 sales growth forecast to -14% in June, as sales fell 20.2% in the first half year-on-year. Soaring fuel costs and shifting new energy subsidies ...

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