this post was submitted on 23 Oct 2025
2 points (100.0% liked)

China News

93 readers
1 users here now

A community for china news

founded 4 months ago
MODERATORS
rss@news.abolish.capital
Salamence@lemmy.zip
RedWizard@news.abolish.capital
2
China car sales to slump in 2026 if Beijing scraps subsidies, JPMorgan says (www.scmp.com)
submitted 4 months ago by rss@news.abolish.capital to c/china@news.abolish.capital
0 comments fedilink hide all child comments
 

Car sales in mainland China are likely to slide in 2026, breaking a six-year streak, if Beijing stops granting cash subsidies and tax incentives to buyers, according to a JPMorgan forecast that looms over the earnings outlook for the country’s 100-odd vehicle assemblers. “We expect retail [car] sales to see flat growth next year in a bullish scenario,” Nick Lai, head of auto research in Asia-Pacific at JPMorgan, said in an interview. “The market has more than a 50 per cent chance of seeing...

From China - South China Morning Post via This RSS Feed.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here